Lets learn about Assets and Liabilities

Good evening my family and friends.

I know it's the wonderful day after Thanksgiving and everyone is looking to get that "Great Deal" out there. Those already marked up prices that have miraculously decreased in price for one day. WOW. That's wonderful as long as you're investing into yourself. Do you feel that you should be able to purchase something that you can make (positive cash flow) residual income from? Well these items are what we call Assets.

Assets: Something (income generating) that puts money back into my pocket.

Liabilities: Something that takes money out of my pocket. A purchased item that depreciates, staring back at you while YOU get NO RETURN from it. Some of them can be very pretty (enticing) and fulfill a temporary self-satisfaction.

Question: What is wealth: That's a person's ability to survive so many numbers of days forward… or if you stopped working today, how long would you survive?

Working harder (on a job) will only fulfill someone else's dreams, what about your dream who will fulfill those. Trust your inner wisdom, look into the mirror and ask yourself "does this make sense?" You have a genius inside you, not because everyone else is doing it and following the crowd makes it right. Invest into yourself.

More money doesn't solve money problems it takes Intelligence to solve problems. If your dug yourself into a hole.. Then stop digging.

Remember these Simple Observations: The Rich buy assets. The Poor only have expenses. The Middle Class buys liabilities thinking there are assets.

For more information contact me www.myspace.com/iraharris break that cycle, increase your knowledge. A fool will take for granted what a wise man will investigate.