These are some wealth observations – learnt from observing, copying, reading, experiencing,….the following learnings are worth reading about: 1. High Income does not always translate to higher wealth: Unless you create income creating assets which grow at a rate greater than inflation, you cannot get wealthy. Simple Income has to be spent and then used […]
For many generations we have believed what we own (i.e. items on which we are allowed to put our names) are our assets, and monies that we owe are our liabilities. It took Robert Kiyosaki to tell us that assets that put money in our bank are our real assets – equity shares, rental property, […]
I have never been able to handle this question! When do you teach your kid about eating? About brushing teeth? About taking bath? You do not. They just learn about all these things. So if you do take your 3 year old to the shop regularly, the kid sees what you are doing. Yes you […]