Rule One. You must know the difference between an asset and a liability, and buy assets. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.

Financial leverage is the advantage the rich have over the poor and middle class.

What do you think about me is not my business the important thing is what I think about myself.

Rule One. You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is Rule No. 1. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability.

The financial education taught in schools is funded and taught by the big banks and corporations. It's like having the cat train the mice.

The rich does not work for money, but money work for them...., While the poor work for money.Illiteracy, both in word and numbers, is the foundation of financial struggle....,Wealth is a person's ability to survive so many number of days forward... or if i stopped working today, how could i survive?...,Wealth is the measure of cash flow from to asset column compared with the expense column.

One of the most stupid things to do is to pretend you are smart. When you pretend to be smart, you are at the height of stupidity.