Your biggest financial assets is not your wealth or what you own that is worth a certain amount of money. 

Real assets are your investments that generate a residual income for you. May it be stocks, income generating property, royalties, patents or a business that is managed for you. They are in contrast to your liabilities. 

Your income is not an asset and neither is your job. A car is not an asset and neither are most of the luxury items that we buy to enrich our lives. In most cases a house is not an asset either unless it generates an income, pays its own taxes and also appreciates in value. 

So start investing in assets that generate income with little or no work at all. Or at least initial work so that you can move forward to acquire more assets that generate more ongoing income for you. 

The rich become richer because they invest in assets that generate income exceeding their expenses giving them leverage. 

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