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bad debt

Debts
October 29, 20210Comments

Redefine Assets & Debts: How is it Good or Bad?

For many years, I blindly followed that definition, until one day when my good friend Peter Lim pointed out a misconception, a flaw in Rich Dad’s definition. I suddenly have much more clarity about the meaning of assets and debts, and how it is good or bad.

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credit card
March 4, 20111Comments

Bankruptcy: Not a Personal Choice

Generally, do all people have a choice to avoid going bankrupt? Can unfortunate circumstances cause a person to become bankrupt?

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