assets and liabilities

https://preview.redd.it/9y9p299h25ng1.jpg?width=1080&format=pjpg&auto=webp&s=4ad9708ba198ba44a997922c512efe807e9c7840

I'm becoming an old boring man.

A couple days ago I bought a video editing software license.

The price in yen won’t mean much to you.  I can fill up a full tank of gasoline 3 or 4 times. Or it’s about two-weeks worth of food.

Anyway.

On some level it felt like a waste of money. 
I’m spending so much on an intangible thing, and not exactly a fun thing. 

I could buy a new game console. Or save the money to buy a new bike. Etc. Etc.

Instead - this. 

But this is a wise decision. 

You see, there are two types of things you can buy: assets and liabilities. 
Assets make you money. 
Liabilities take your money. 

When I understood it, suddenly money started making sense. 

This is why some people are rich and others are poor. 

This software license will let me make better videos and upskill.

Increasing my value (e.g. making me money).

If you want to know more, read/listen to The book Rich Dad Poor Dad