Michael Rosenbaum
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Podcast Appearances
But before we get into that, let's imagine something for a second.
Imagine waking up and instead of hearing that annoying alarm clock, you just hear like the quiet sound of your money working for you.
You don't have to trade your hours for a paycheck anymore.
The money just comes in whether you're working or sleeping or on vacation.
Well, it's not magic or anything.
It's about understanding how wealth actually works.
And remember we were talking about assets and liabilities?
That's where that idea becomes really important.
He had a really simple way of putting it.
An asset is something that puts money in your pocket.
And a liability is something that takes money out.
Every month that rent check comes in and you're not even doing anything.
That's your money working for you.