11min chapter

Slo Mo: A Podcast with Mo Gawdat cover image

Rob Moore - How to Improve Your Relationship with Money

Slo Mo: A Podcast with Mo Gawdat

CHAPTER

Assets vs. Liabilities in Financial Investments

This chapter discusses the difference between assets and liabilities in financial investments and highlights the importance of owning liabilities with income from assets. They share examples of using loans to purchase income-generating properties and how it allows for owning luxury cars essentially for free. The chapter emphasizes the importance of making money work for you and provides advice on buying cars and homes with limited funds.

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