Long as I could remember growing up, school never really taught me about building wealth. School taught me to “do what I was told” and to never ask questions about the things I was unsure about that didn’t really make sense to me. When I reflect back honestly, the only thing that I learned throughout school was these 3 things………

Improve your assets side of the equation

This could mean that you buy more assets (of the good variety) or that you improve the quality of the assets

Reduce your liabilities side of the equation

You can reduce your liabilities by paying off your obligations or by getting rid of the root cause of the obligations.

Manage both

The ideal way of building your net worth, however, is to handle both sides of the equation at the same time.