Become financial free- Create assets not liabilities

Financial freedom is important to live a dream life, but how to create it?

We can create assets to become financially free. This can take time but you have to be persistent.

First, know the difference between assets and liability and try to create assets but do not fall for liabilities which will keep attracting you.

Most of the time people misunderstand the liability as an asset.

For example, you are taking a house loan, now let's see if it is an asset or liability:

So which category you are in?

Now let's help you understand what is an asset and what is liability?

You must know how our society is divided into 3 main classes rich, middle, and poor class. Now why there are these differences, what makes someone rich, middle, or poor? Here it is:

So start creating assets and avoid liabilities as much as you can!!!

I would like you to know 3 main assets rich people invest or create:
1. Business — rich people, either they start it from their passion, they partner in, or invest into one.

2. Stocks, funds, options — remember this one in a paper asset(you will have to sell them to get real cash)

3. Real estate — rich people might have started creating wealth from real estate or they are investing their existing wealth in real estate.
Maximum times these are in the form of commercial buildings(malls or office space)or apartments, plain land which is being leased out for parking space, farmers, or racecourse.

Now started creating assets!!!

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