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Knowing Assets from Liabilities Leads to a Happier, Healthier Life

What we are about to share may sound cold, calculated, and maybe even without heart.

To be quite honest…it is, but with very good reason.


“Every single PERSON, PLACE, and THING in your life, is either an ASSET or a LIABILITY!”

Knowing Assets from Liabilities Leads to a Happier, Healthier Life

This will be an unquestionable truth if you take a moment to read the below and do some soul searching.

Be warned…you may not like what you hear. You may not like what you feel. You may not like what you come to realize. 

If you can withstand such initial dislike, you will most likely come to quickly realize, you have accepted, and allowed too many “people, places, and things” that have caused you more anguish, more pain, to remain longer than they should have.

Let’s see how you feel in a few minutes. But first…

The Definitions of an Asset 

Webster’s Definition:

  • the property of a deceased person subject by law to the payment of his or her debts and legacies
  • the entire property of a person, association, corporation, or estate applicable or subject to the payment of debts
  • an item of value owned
  • the items on a balance sheet showing the book value of property owned
  • something useful in an effort to foil or defeat an enemy: such as a piece of military equipment

Robert Kiyosaki’s Definition:

  • anything that puts money IN your pocket

Our Definition:

  • a person, place, or thing that ADDS more value to your life than it SUBTRACTS

The Definitions of a Liability

Webster’s Definition:

  • the quality or state of being “LIABLE” (exposed or subject to some usually adverse contingency or action)
  • an obligation: DEBT 
  • one that acts as a DISADVANTAGE

Robert Kiyosaki’s Definition:

  • anything that takes money OUT of your pocket

Our Definition:

  • a person, place, or thing that SUBTRACTS more value to your life than it ADDS

Understanding Assets and Liabilities

First things first. Some may be wondering, who is Robert Kiyosaki and why is his definition included, and/or important.

Great question!

The answer is simple. Robert Kiyosaki is the author of Rich Dad, Poor Dad.  In our humble opinion, one of the greatest books on personal finance ever written.

Robert’s simple, often inexcusably reversed definition and understanding of assets and liabilities is the foundation from which OUR DEFINITIONS arose.

Once we understood, upon reading Rich Dad, Poor Dad almost 30 years ago, the true, simplistic definitions of assets and liabilities in their most common use (finance), we unintentionally began to apply the concept to LIFE, in terms of “value”.

In other words, what you will read below, is, in fact, how we live, and what we teach.

While some may say this method of operation, this mode of thinking is “unemotional”, we disagree completely.

In fact, for us, this is merely the best possible use of emotion…properly placing it, as often as you possibly can.

Categorize Your Assets and Liabilities Properly

Emotions are a requirement for being human! We don’t think it likely that many will argue that.

However, we tend to think that most people “waste” too much of their “emotion” on the wrong people, places, and things (the liabilities).

A Few Simple Examples…

  • Attempting to be everyone’s “friend”…a fool’s errand.
  • Selling yourself on needing to “forgive” those who wrong you…merely an internal attempt to overcome your willingness to make tough decisions.
  • Making “excuses” for the recurring, unacceptable actions and choices of others that negatively impact you…often due to a variety of fears. (Almost always, false fears, but fears nonetheless.)

If you take a moment to think this through, even do a little internal review of sorts, we are confident, if you are like most, you may very well be guilty of any/all of these examples yourself.

This does not make you weak, or wrong.

But, it is also not healthy!

More importantly, doing, or attempting to do, any of the above, does not make you a better person. (A lie far too many tell themselves to excuse what they accept.)

While emotional control is, indeed, a key to living a happy, healthy life, we tend to believe that emotional “placement” is even more important.

Emotions are not inherently good, nor bad!

Where they are placed, how they are shown, or failed to be shown…those things can be good or bad.

In other words, for us, utilizing your emotional “bank” on people, places, and things that SUBTRACT more value from your life than they ADD…makes absolutely no sense.

In fact, it not only makes no sense, but it is also counterproductive to living that happy, healthy life we all seek. Why?

Emotions have an energy-cost attached to them!

We know our energy levels, mentally and physically, are limited each and every day.  Common sense dictates that we choose wisely where that energy goes.

If you are continuously exerting energy on “liabilities” in your life, your assets are being neglected, at some level.

The sooner you accept the difference between assets and liabilities, the sooner you can begin to properly categorize them. 

The sooner you recognize and categorize them, the sooner you will begin to make different decisions…who, where, and on what to use your emotional energy.

Better such choices mean fewer liabilities and thus, happier, healthier lives.

No Drama Allowed

To be clear, while we think our definition of assets and liabilities is really quite simple, we are not so ignorant to believe that the implementation of their use is as well.

It is not!

Choosing surroundings (people, places, and things) that are most beneficial to your happiness and health, often means making tough decisions. 

It means eliminating excuses. (But they have a good heart, but they are family, but I need this job, but, but, but….)


If you are going to properly, truthfully categorize the assets and liabilities in your life, you must be capable, and willing, to make tough choices, after genuine reviews.

Change is a part of life. Ups and downs are a part of life. Good times and bad times are a part of life.

Absolutely nothing you can do about this. They will come.

Drama, however, IS NOT a required part of life.

Drama is a choice. A DECISION you have made to allow it or to accept it to enter, and to live, in your world.

You see, drama, without oxygen, dissipates. 

If drama is allowed to remain, in any way, shape or form, its liability grows larger, stronger and will, without question, suck the emotional energy out of you to the point that your assets suffer.

NOTE: the absolutely WORST kind of drama one can allow in one’s life…OTHER PEOPLE’S DRAMA!

Carrying other people’s drama throughout your life DOES NOT make you a good friend!  More often than not, it merely makes you their sounding board and their “company”. Remember, misery loves company.

If you want to see your life change, almost in an instant, CUT THE WHITE NOISE, cut the unnecessary drama…NOW!

Live a Decided Life

As we said, the above suggestions are not easy. We understand that completely. 

But, we all know, if it is easy, it usually isn’t worth much.

When you choose to live a truly decided life, you will take full responsibility for what you allow, what you accept.  You will not only be willing to make such “tough” decisions required for positive change, but you will begin to THRIVE ON THEM, to look forward to them.

You will realize in no time at all just how much of a negative impact all the unnecessary liabilities have had to date, and you will jump at any chance you get to remove more.

Nothing creates happiness and health like PEACE!

Peace is not possible when the liabilities outweigh the assets.

It is time for you to cut your losses (liabilities) and focus on your gains (assets). As the saying goes, the grass grows WHERE YOU WATER IT.

Always Remember…

You only have one life to live, one body to live it in, so take care of it. Progress, not perfection. Good, better, best with your food intake and some form of movement daily. Get your nutritional foundation from food, supplement where necessary, and drink plenty of water. We are here to help so feel free to drop us comments or questions as often as you’d like and always consult your physician before making any changes to your diet or exercise regiment.

Live a 3D life…Decisions Determine Destinations!


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