Robert Kiyosaki would say “buy assets, not liabilities”. But his definition of an asset is something that increases your cash flow (to him, a house is not an asset…unless it’s a rental property where rental income exceeds expenses). If you keep buying “assets”, you get to a point where you won’t have to work a 9-5 to earn a living….out of the “Rat Race”.
MyMoneyBlog.com is for informational purposes only. This website does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. Rates and terms set on third-party websites are subject to change without notice. Please note that MyMoneyBlog.com has financial relationships with some of the merchants mentioned here. MyMoneyBlog.com may be compensated if consumers choose to utilize some of the links located throughout the content on this site and generate sales for the said merchant. I thank you for supporting this site. This is an independently-owned site and all opinions expressed are my own.