Saturday, September 22, 2007

富爸爸series




just revisited the three books of the 富爸爸 series, the present ideas are impressive.

in short, we should
  • identify correct assets (which generate incomes) & liabilities (which generate expense)
  • increase in non-salary income
  • use 'healthy' debt to generate income (use other people's money)
  • reduce tax (via tax-deductible expense )