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Assets and Liabilities Defined, Explained and Compared in One Minute
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Assets this, liabilities that!
The two terms get thrown a lot quite a bit on television, online and so on. But what are assets anyway? What about liabilities?
In one minute, I did my best to not just define assets and liabilities but also explain then in an easy-to-understand manner. Also, by comparing assets and liabilities, the similarities as well as differences should become blatantly obvious.
Way too many people make mistakes when it comes to so-called "easy peasy" terms such as assets and liabilities. Don't be one of them... just don't :)
Oh and I've also started playing around with Patreon, my link is:
Interested in reading a good book?
My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below:
My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below.
Last but not least, if you'd like to follow me on social media, use one of the links below:
The two terms get thrown a lot quite a bit on television, online and so on. But what are assets anyway? What about liabilities?
In one minute, I did my best to not just define assets and liabilities but also explain then in an easy-to-understand manner. Also, by comparing assets and liabilities, the similarities as well as differences should become blatantly obvious.
Way too many people make mistakes when it comes to so-called "easy peasy" terms such as assets and liabilities. Don't be one of them... just don't :)
Oh and I've also started playing around with Patreon, my link is:
Interested in reading a good book?
My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below:
My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below.
Last but not least, if you'd like to follow me on social media, use one of the links below:
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