Understanding the Difference between Liabilities and Assets: Insights from Rich Dad Poor Dad

Understanding the Difference between Liabilities and Assets: Insights from Rich Dad Poor Dad Introduction: In the realm of personal finance, understanding the distinction between liabilities and assets is crucial for building wealth and achieving financial independence. These terms, as defined in Robert Kiyosaki’s influential book, Rich Dad Poor Dad, form the foundation of a solid … Read more

Understanding IPO in simple language

Understanding IPO in simple language Imagine you have a friend who owns a really cool company. It’s doing well and has big plans for the future, but it needs more money to make those plans a reality. So, your friend decides to take the company from being privately owned to becoming a publicly traded company. … Read more