Great Tips about Robert Kiyosaki's Cash Flow models by Marcus Tan on Geek Culture

I must admit. I'm not a big fan of Robert Kiyosaki. But some lessons from his books make lots of sense. Here is an article that describes some key points:

https://medium.com/geekculture/why-robert-kiyos...

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For one, the rich know the difference between an asset and a liability and buys into assets. Assets: Put money into my pockets Liabilities: Take money out of my pockets To have better cash flow management, you should be aware if you are buying assets or liabilities. We should focus on buying/ building income-generating assets rather than buying things that most people consider are assets, but end up being liabilities.

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So what are some of your great assets you own or plan to build? What other valuable lessons you have learnt from books on Personal Finance such as Rich Dad Poor Dad?