
Rich Dad | Chapter 8 | How to Start Making Money
Effortless English Podcast | Learn English with AJ Hoge
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Is This a Good Deal?
How do you know if it's a good deal? It means how fast will that condo make your money back. If it's going to take a long time, ten years, it's probably a bad investment. What if you can make two thousand dollars per month from the condo? That's profit. And now after that, hey, everything else coming in is like free money. Step number eight, use assets to buy luxuries. This is important. As i said, rober kisaki likes his luxuries. He likes nice cars and clothes. But he never uses credit cards or loans for those things. Don't use your pay check, even to buy luxury items.
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