If you have friends that go ape over having you increase the amount of liabilities you have, then that means you are one of the broke ones.
If you have friends that are passionate about increasing your (cash flow rich) assets, then you are amongst the few that are rich, or on their way towards becoming rich.
That's the problem with most us, we go nuts over growing our liabilities, which take money out of your pockets, and we are clueless when opportunities to grow our assets, which bring money into our pockets, come by.
Obviously this was by design hence there are more adverts that want you to buy liabilities than there are those that want to buy assets.
Who knows, made the rich strike up a deal with the government so that the rich and can richer at the expense of the poor, I don't know, but what I wanted to bring to your attention is the difference between an asset and a liability.
Something you buy or create for yourself, like a house or a car, that takes money Out Of your pocket.
This obviously increases your monthly expenses it's no wonder you're broke one and a half weeks after payday.
Something you buy or create for yourself, like a house you rent out to paying tenants or a car you rent out to paying courier companies, that puts money Back In your pocket.
This obviously increases your monthly incomes and it's no wonder you receive money from multiple sources and live the way YOU want to live, a life that is not dictated by your alarm clock.
Morale of the story?
Stick around people, or find them, who have acquiring or building assets as goals, because the ones you have right now (the ones that keep telling you to spend your money on liabilities) are the ones that are keeping you broke...not unless you don't mind that sort of thing.
I love you.
~ Musawenkosi Tshoaele.
PS: You need financial education and not luck for you to be financially independent - this is when your monthly passive income exceeds your monthly expenses.
That is why your financial education is so important.
The book I would recommend as a starting point for your education is Robert Kiyosaki's Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!
This book will make you wise up about how you spend your money, with suggestions of how you could spend it smarter. It's all about your mindset. Is it (your mindset) primed for you to be broke? Is there a way that you can condition it to make you rich?
Buy This Book & Find Out!!
Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!