Reading Rich Dad Poor Dad?
I'm currently about half way through the book and it really does have some great information that is so easy to understand. Sure wish my parents had this knowledge to pass down to me when I was younger.
He mentions buying assets not liabilities and not exchanging time for money which is easy to understand. One of the harder assets to understand that he lists is buying or owning a business that doesn't require you to work there...I would sure like to know what profitable business I can buy or own that doesn't require me to exchange some sort of time for money.
Not sure if I fully understand that point as an asset. Sounds great but I know several business owners large and small business and they all have to put in time to keep the business running and profitable.
Maybe someone can explain his concept on this to me?