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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 801 |
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Again this is the fault of the traditional education system. Worse is, people even mix up a liability and an asset because of lack of financial know how. Someone may say that "my biggest asset is my house."
When in fact it is his biggest liability. Long story short, an asset is anything that has a ready market and a liability is something that makes you spend and never earn i...
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Long story short, an asset is anything that has a ready market and a liability is something that makes you spend and never earn i.e. a sports car, house, a computer. Other than the rich people, everyone does this. They get their first salary and buy an expensive watch, work some more and buy a car, work harder and buy a house and then before they know it their old and they don't have anything...
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