Assets vs. Liabilities (Robert Kiyosaki insights) by rmach

money · @rmach · Mar 25 '20 (edited)

Assets vs. Liabilities (Robert Kiyosaki insights)

View this post on Hive: [Assets vs. Liabilities (Robert Kiyosaki insights)](https://peakd.com/@rmach/assets-vs-liabilities-robert-kiyosaki-insights)

***

I moved to Hive. You can read all my content there. 
Due to a sad series of events steem is no longer decentralized nor censorship-resistant. 
I don't know how it will look like in the future but right now it's more like a personal database than a proper blockchain.
Check out Hive.io

👍 ppitonak, gainingsteem, mabiturm, kapets123, tuukka69, rmach, cire81, bignastywhale, younlong, realentrepreneur

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@isaac.asimov · Jul 31 '16

Flesch Kincaid Grade Level

Hi! This post has a <a href="https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests">Flesch-Kincaid</a> grade level of 8.8 and reading ease of 68%. This puts the writing level on par with Leo Tolstoy and David Foster Wallace.

👎 steemservices1, cheetah49, antispam

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@younlong · Jul 31 '16

Keep up the great work @rmach 
 Upvoted

👎 steemservices3

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@bignastywhale · Jul 31 '16

Keep up the great work @rmach 
 Upvoted

👎 steemservices3, antispam

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@mabiturm · Jul 31 '16

It's a very inspirational book, I completely changed my financial strategy after it.  
I'm not fully agreeing with him on this one though. I think not just a bought house is a liability, it's 'a house' that's the liability. I have to live somewhere!
And where I live the rents are higher then the monthly rent on a mortgage.

👍 rmach

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@rmach · Jul 31 '16

Yes, I agree. I guess the thing to be aware is do not aquire liabilities thinking they are assests.
There are lots of good book on the subject but I think this is a good starting point because it is simple and mind changing at the same time. Have you read others from the Rich Dad's collection?

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@mabiturm · Jul 31 '16

I did not read other books. Can you recommend me any?

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1 reply