The Truth About Debt
This powerful quote from Rich Dad Poor Dad highlights a key difference in financial mindset: "The rich use debt to buy assets. The poor use debt to buy liabilities." 👉 Rich people leverage debt to invest in income-generating assets like real estate, businesses, or stocks. 👉 Poor people often use debt for depreciating items like cars, gadgets, or consumer goods. 💡 Financial wisdom isn't about how much you earn—it's about how you manage and multiply it.