Michael Rosenbaum
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Podcast Appearances
Yeah, those are definitely liabilities.
Those monthly payments for your car loan or your credit card, that's all money going out of your pocket.
And it's not just the initial price.
It's also all the extra expenses like insurance and gas and repairs.
All that adds up.
That's a really common misconception.
The rich dad always said it's not about how much you spend.
It's about how much you keep and how you make that money grow.
It's about building a strong financial base.
Not just looking rich.
Well, that's where the other five lessons come in.
Remember, this is like a whole system for building wealth.
And each lesson kind of builds on the one before it.
So are you ready for lesson number two?
Lesson number two is mind your own business.