7 Steps To Finding Your Financial fast Track

Question 1

Difference between a asset and liability?

Answer 1

If the cash flows into your pocket it is an asset. If it flows out of your pocket it is a liability

Question 2

Is it a good advise to live below your means, and spend less?

Answer 2

No. The best advise is - instead of lilving below your means, think of ways to expand or grow your means

Question 3

What are the incomes that you should focus on to create?

Answer 3

passive income from capital gains, divends.
Residual income from businesses
rental income from real estate