Premium Only Content
HOW TO CONVERT A LIABILITY INTO AN ASSET - ROBERT KIYOSAKI, Rich Dad Poor Dad
Assets and liabilities serve as the central focus of this episode of Millennial Money featuring Robert Kiyosaki. Robert dismantles a pervasive misconception—that your house is an asset. This idea is debunked to underscore the importance of understanding the true nature of assets and liabilities in one's financial journey.
Robert goes on to propose that people themselves can be assets or liabilities. The discussion extends to the financial responsibilities associated with caring for family members. This aspect brings forth the idea that while family can be a source of emotional support, they can also be financial obligations.
Examples of human liabilities, with a focus on financial commitments such as alimony and child support. This serves as a stark reminder of the financial responsibilities that individuals may have to shoulder in various life situations.
This episode not only clarifies the distinction between assets and liabilities but also underscores the importance of financial literacy, cash flow management, and the multifaceted nature of financial responsibilities in the context of family and personal finance.
-
LIVE
RaikenNight
5 hours ago $0.19 earnedIts Friday!!! Time to play some Dragon Quest 3 Pt 4
351 watching -
LIVE
Exploring With Nug
8 hours agoA Mother's Fight for Justice: The Unanswered Questions About Her Son's Death
436 watching -
LIVE
The Amber May Show
1 hour agoTruth Behind Russia's Nuclear Threat | Matt Gaetz Steps Down As A.G.
124 watching -
LIVE
Adamsgotgame
6 hours agoAim training 357hrs #GZW and more
532 watching -
LIVE
Meisters of Madness
2 hours agoDark Souls 3 - A Campaign Signed in Blood
111 watching -
57:57
Candace Show Podcast
5 hours agoJamaica Finally Sent Us Kamala’s Father’s Birth Certificate | Candace Ep 109
60.7K111 -
24:50
Misha Petrov
1 hour agoReacting to YOUR Experiences With Leftist MELTDOWNS Over Trump’s Victory
3.79K10 -
15:33
Silver Dragons
2 hours agoBullion Dealer Reveals How to Avoid "INFLATION TAX" With Silver and Gold
2.69K1 -
20:53
SLS - Street League Skateboarding
3 days agoGold Medals, World Class Food, Night life & more - Get Lost: Tokyo
107K9 -
4:55:39
Yefune Kenizi's [PC] Gaming
4 hours ago $0.91 earnedGTAO - Heists Week: Friday w/ GamingChad
14.2K4