13 July 2017

A Great Company Is An Asset!

what is an asset?

Truth about Asset vs Liability 

As most of you already knew the difference between an asset and a liability.

However, knowing and having a deep understanding can mean a different thing.

It is only through deep understanding then we will put our knowledge into action.

Personally, as I fractured my hand recently and couldn't produce active income for more than two weeks. I began to have a deep understanding of what's an asset really means and the more you have the easier your life will become.

Likewise for liabilities, the lesser you have the better it is.

Therefore, I would like to make sure you understand it as much as I do; that an asset put money into your pockets even if you don't work.

A liability take money away from your pockets even if you don't work!

Remember, the keywords here is even if you don't work!!!

We want to acquire as much asset and eliminate as much liability till the income from the assets are able to replace our expense.

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