Assets vs Liabilities Explained | Understanding the Basics of Personal Finance.

In this video, I break down the key differences between assets and liabilities in simple terms. Whether you're looking to manage your personal finances better or just want to understand how to build wealth, it's important to know what separates an asset from a liability. We'll cover examples of each and explain how they impact your financial health. By the end of the video, you'll have a clear understanding of what grows your wealth and what holds it back. Perfect for beginners in finance!