3min chapter

Rich Dad Poor Dad Audiobook By Robert Kiyosaki cover image

LESSON 2: WHY TEACH FINANCIAL LITERACY?

Rich Dad Poor Dad Audiobook By Robert Kiyosaki

CHAPTER

Rich Dad Explained the Relationship Between Asset and Liability

The primary cause of financial struggle is simply not knowing the difference between an asset and a liability. Most middle class people acquire many liabilities, such as mortgage, car loan and credit cart debt. If you want to be rich, simply spend your life buying assets. To teach pretin boys, rich dad kept everything simple, using as many pictures as possible,. As few words as possible and no numbers.

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