umn；　as　opposed　to　your　ine　column。　As　stated　earlier；　the　No。　1　rule　is　to　know　the　difference　between　an　asset　and　a　liability；　and　to　buy　assets。　The　rich　focus　on　their　asset　columns　while　everyone　else　focuses　on　their　ine　statements。

That　is　why　we　hear　so　often：　〃I　need　a　raise。〃 〃If　only　I　had　a　promotion。〃 〃I　am　going　to　go　back　to　school　to　get　more　training　so　I　can　get　a　better　job。〃 〃I　am　going　to　work　overtime。〃 〃Maybe　I　can　get　a　second　job。〃 〃I'm　quitting　in　two　weeks。 I　found　a　job　that　pays　more。〃

In　some　circles；　these　are　sensible　ideas。 Yet；　if　you　listen　to　Ray　Kroc；　you　are　still　not　minding　your　own　business。 These　ideas　all　still　focus　on　the　ine　column　and　will　only　help　a　person　bee　more　financially　secure　if　the　additional　money　is　used　to　purchase　ine…generating　assets。

The　primary　reason　the　majority　of　the　poor　and　middle　class　are　fiscally　conservative…which　means。　〃I　can't　afford　to　take　risks〃…is　that　they　have　no　financial　foundation。 They　have　to　cling　to　their　jobs。　They　have　to　play　it　safe。

When　downsizing　became　the　〃in〃　thing　lo　do；　millions　of　workers ｜　found　out　their　largest　so…called　asset；　their　home；　was　eating　them　alive；　j　Their　asset；　called　a　house；　still　cost　them　money　every　month。　Their　car；　another　〃asset；〃　was　eating　them　alive。　The　golf　clubs　in　the　garage　that　cost　1；000　were　not　worth　51；000　anymore。 Without　job　security；　they　had　nothing　to　fall　back　on。 What　they　thought　w