What are the basic rules to be rich ?

Liabilities and assets are the most basic things to know, if you want to become rich.

Liabilities are the things which take money from us and it could be a thing whose value will decrease after purchasing. For example car, motorcycle, expensive mobiles etc.

According to Robert kiyosaki, we should not spend money on these things. Instead of we should spend money on Assets.

Assets are the things, whose value will keep on increasing throughout life. For example Gold, bonds, property etc.