Poor people buy things that make them LOOK rich. Rich people buy things that make them RICH.
This is the #1 difference between liabilities and assets that keeps poor people poor.
Example:
Poor: Buy $800 iPhone on credit (liability)
Rich: Buy $800 in AAPL stock that pays for the iPhone (asset)
In this video I explain how I stopped buying liabilities and started buying assets that pay for my lifestyle.
My yacht, my freedom, my portfolio - all paid by assets, not by working harder.
The poor work for money. The rich make money work for them.
💰 How to start with $100? Comment ASSET below!
#moneytok #assetsvsliabilities #financialfreedom #richvsPoor #investing101 #passiveincome #wealthbuilding #financialliteracy #yachtlife
