Assets vs Liability

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Mentoran yor sto ry also has an unconventional perspective on a little bit more traditional financial concept, and that's assets and liabilities. A liability is anything that costs you money, or costs you health, or cost you relationships, or shoe time. You can even look t like the people in your life. Is this person an asset in my life? Do they add to my life? Is it more fulfilling? Is this a great relationship? Do they help me get ahead? Or do i help them get ahead? Are they toxic? Are they a drain? are they a liability?

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:55 - Why he wrote his book in the style he did.

03:41 - What is the right way to think about financial freedom?

03:41 - Why so many people think about financial freedom wrong.

12:25 - Why climbing the corporate ladder won’t achieve your financial goals.

18:29 - How important mindset is to financial success.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

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Rich Fettke’s book The Wise Investor.
Robert’s book The Everything Guide to House Hacking.
Robert Kiyosaki’s book Rich Dad Poor Dad.
Learn about house hacking.
Why you should consider house hacking.
All of Robert’s favorite books.

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