E3: Building Up Your Own Assets, The Route To Wealth

25m ·

E3: Building Up Your Own Assets, The Route To Wealth

This week I talk about my view on debt vs investing, how I approach different types of debt e.g. student loan, car finance and a mortgage. I also compare building wealth to training for a marathon, setting a goal, executing on a plan and consistently building over time.

The key point this week I discuss is one of Robert Kiyosaki’s most fundamental concepts from his book Rich Dad Poor Dad, understanding your own personal balance sheet. The difference between an asset and a liability and how this can effect your personal income and expenditure.

Rich Dad Poor Dad by Robert Kiyosaki is available on amazon for £5.99.

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