"Rich Dad Poor Dad" by Robert Kiyosaki - Lesson 1

[LESSON 1: ASSETS AND LIABILITIES]

Rich Dad teaches us about assets and liabilities.
Assets are things that make money for you, like rental properties or investments.
Liabilities are things that take money away from you, like debts or bills.
Poor Dad thinks a house you live in is an asset, but Rich Dad says it's a liability because it costs money.