💡 CheatCode #53: Build Assets, Not Just Income
Wealth flows to what you own, not just what you earn.
“The rich buy assets. The poor only have expenses. The middle class buy liabilities they think are assets.” — Robert Kiyosaki
Many entrepreneurs and professionals spend years chasing higher salaries, bigger contracts, or more clients. But income is fragile—it disappears the moment you stop working. Assets, on the other hand, continue to generate wealth long after you’ve moved on to the next project.
Related study:
A Federal Reserve Survey of Consumer Finances showed that households in the top 10% of wealth typically hold 5–7x more in business equity, real estate, and investments than in W-2 income. In other words, they own more than they earn.
Why it works:
✅ Assets compound while income gets spent
✅ Ownership creates leverage (you can earn while you sleep)
✅ True financial freedom comes from systems and structures, not just hustle
✅ Assets often come with tax advantages income doesn’t
Today’s Challenge:
List 3 ways you can turn your current income into an asset within the next 12 months. (Example: put part of your side hustle profits into a rental property fund, invest in dividend-paying stocks, or create a digital product that sells on repeat.)
Final Thought:
Don’t measure success only by how much you bring in this month. Measure it by how much you own that will still be paying you a year—or a decade—from now.
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