Way to Become rich with almost no money, Check this Rule #1

#1.  ONE MUST KNOW THE DIFFERENCE BETWEEN AN ASSET AND LIABILITY...

Every one of us wants to become rich, But In order to become rich, one should know the Real difference between an Asset or a liability.

It's easy to Search the meaning of Asset but the Accountant must be much comfortable in learning its meaning.

Then, What is an Asset?

An Asset that Puts money into your Pocket. Let me Elaborate,

We are fond of using iPhones as they increase the status in our social life and most of our Rich friends are too using it. The new iPhone X Which cost nearly Rs 100,000/- is breaking all the records is a dream for many of us. 

But for a Moment, If we realize that we are living in the world of technology and Every new Technology will become obsolete, one or the other days.

In case, we have Purchased Vivo V9 which nearly cost Rs 23,000/- with an almost same feature we could have saved nearly Rs 77,000/-. Vivo V9 provide same Dual camera[16mp+5mp flash]storage capacity of 64 Gb ram with a fingerprint. All feature are too there in an iPhone.

I know the Processor is not up to date but what else we want in such amount of money. By saving extra tons of money. We can go for the trip abroad, Thailand or Dubai or even we invest such money in Mutual funds or Share market (Prior to market Risk) and get the best return. iPhone provides you status but Vivo would make you Rich and gives you Memories I know many of us want memories so just go for Vivo and Enjoy the Life. 

The reason why richer are getting more rich and poor is getting poorer because of rich invest in an asset and poor or middle invest in the liability. 

They think they are investing in an asset but in actual they are investing in liabilities. Don't you believe me, Look around yourself and think, Is There any Substitute for your technology. You will definitely come across a view of using liabilities and that's the reason why you belong to a poor or middle family.

  The earlier you realize, There will be more chances that you will become rich. One must know that an asset is one "which puts money into your pocket" and a liability "which takes out the money from your pocket".

Think and Believe, You will definitely succeed.