Know the difference between Assets and liabilities. - Deepstash
Know the difference between Assets and liabilities.

Know the difference between Assets and liabilities.

Rich dad always say that always know the difference between Assets and liabilities.

Assets which makes money and Liabilities which destroys your money. Wealthy people become more richer because they make assets. while middle class people focus only on liabilities.

47

248 reads

CURATED FROM

IDEAS CURATED BY

parth325

My Name is Parth. I love to have and discuss Great Ideas!

The idea is part of this collection:

Ask for a Raise

Learn more about moneyandinvestments with this collection

How to close the deal

How to handle objections

How to present your value to your employer

Related collections

Similar ideas to Know the difference between Assets and liabilities.

Assets And Liabilities

A liability takes money out of your pocket.

An asset increases the value of your money.

The cash flow patterns of poor, middle-class, and rich people differ based on their assets and liabilities.

Income Sheet:

Income: Money earned from various sources.

Expenses: Mone...

Know the difference between leading and doing

Know the difference between leading and doing

Great leaders know the difference between leading and doing.

If a leader gets stuck in the process of 'doing' -- letting their ability rest on being the most effective person for that job instead of clustering more than qualified people for the technical skill -- then ...

Know the difference between Passive and Active Income

To understand, the difference between passive and active income. Let's understand it by this example- Let's say I'm a teacher of a Government school. I will only get my salary as long as I will keep working. That means, no work, no money. That is active income-  It applies to job/service and so o...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates