Today, I read Pages 132 and 133. Here is the summary: The author said that the problem in becoming what you study is that most people forget to mind their own business and live their life minding someone else's business and consequently, make them rich. To become rich, you have to mind your own business, focus on buying assets instead of liabilities, and understand the difference between assets and liabilities. Rich focuses on the asset column, while others focus on the income column and want a pay raise, a second job, and a high-paying job. They should focus on buying income-generating assets. After that the author talked about the primary reason for remaining poor and middle class—fiscally conservative. They have no financial foundations, and that's why they can't afford taking risks. Furthermore, the author told us about that when a person loses his job, then he realizes that to which he was assuming assets —his house and car—were taking a major part of his income. These so-called assets can't help him in a financial crisis. After that, the author shared his personal experience of applying for a loan. He included all the valuables, like art collections, golf clubs, wristwatches, etc., in the asset column to show it stronger. But the loan committee paid no attention to these items. Even more, they had a problem with his rental income, and they asked why the author doesn't have a normal job with a salary. This shows that sometimes it is hard to not fit on standards. Continued... Reflection: I can relate when the author says that the middle class focuses on the income column, not on the asset. Most people emphasize a pay raise or high-paying jobs but not buying assets. I was also surprised by knowing that the loan committee was unhappy about the author's rental income and not having a job. That's a societal dogma. They are happy with a lower-paying job but not with a high-earning asset. Thanks 🙏🏻

Today, I read page 134. Here is the summary: The author was telling us that he applied for a loan but he was turned down just because he had rental income instead of a salary. After that, the author said that net worth of most people is not accurate because when they want to sell their assets, first of all they don't get the value as per their balance sheet shows, and secondly, if they gain, they are taxed and government takes its share. That's why the author said someone's net worth is often "worth less" than they think. After that, the author suggested to keep minding our own business, keep working on our job, but start buying real assets not liabilities or personal effects, like car and other accessories. The author took two examples here. First—a car loses its 25% value once it is driven off from the showroom. Second— the author's $400 new titanium driver was worth $150 the moment he teed off. This statement includes two words/phrases that are new for me— "driver"— the largest club in a golf bag Teed off— hitting the golf ball by the very first shot to start playing. That means once he used his golf driver for the first time, its value remains very less than its bought value. Then the author suggested parents to teach their children the difference between an asset and a liability, so that they do not end up themselves get stuck in a rat race and vicious circle of debt. Continued... Reflection: I noticed that the government always takes its share on gains and reduces the money that could be used by a person for getting out of debt. I agree with the author's point that parents should teach their children about assets, liabilities and finances because unfortunately schools or colleges don't teach this important subject to them. Earlier the children learn these facts, earlier they will understand the rat race and the trap that can make them poor, and make them struggle their whole life. Thanks.

1) My current starting point is: The placement test shows that I am at C1 level but I am not confident about it. So, I am taking it as that as I am at B2 level. 2)My September priority is: vocabulary. Picasso whenever it comes to speak, I forget the words. Sometimes I know the words but I forget, sometimes I don't know the specific word to explain that thought. That's why I want to focus on vocabulary this September. 3) By the end of the September, I want to be able to use more vocabulary in my conversations. I will have a vocabulary list containing at least 50 new words. 4) Each weak, I will -learn at least 14 new words -make a short story or a paragraph by using the vocabulary I learnt during the week, -and post that story to SORA. (Kindly tell me in which heading I can post my story.) Thanks.

If I could request one English lesson right now it would be "How to see confidently in meetings." If I want to be more specific then how to disagree with someone's point so that he doesn't feel bad.

Although, both ways have their own benefits. Watching movies helps to understand how and in which area of life we can use an expression while textbooks help us to understand why the structure of that expression is like that. But when it comes to choose one out is these two, in my opinion, studying lessons and text books is better for learning English. Because text books are designed to teach a student from very basic. These explain rules, ideas, different scenarios, etc., that helps us learn all aspects of learning a language like reading, writing, constructing sentences etc. But only reading doesn't work, practicing and using whatever we read is necessary to remember for long term. Thanks 🙏🏻

@Joan Hartwig thank you teacher

Happy Teachers’ Day mam! Today, September 5th, we celebrate Teachers’ Day in India, and I wanted to take a moment to express my sincere gratitude to you. Even though we’ve never met or spoken live, your recorded lessons and detailed corrections on my work have meant the world to me. Thank you for your constant guidance, patience, and dedication from afar! Thanks a lot! 🙏🏻🙂