Assets vs Liabilities Cartoon Animation

Описание: This video about assets vs liabilities cartoon animation will help you understand what's the difference.

It's very easy to tell the difference between assets vs liabilities cartoon. Things that make you money are called assets. Things that cost you money are called liabilities. Your goal is obviously to get as many assets as you can and as few liabilities as you can. I'll tell you how to get more assets and less debt. Assets vs liabilities cartoon will help you understand more.

Learning the difference between assets and liabilities is a good step to begin handling your own finances. In financial accounting, it's very easy to explain what an asset is. It is anything that can be used to make money, which is what I mean by "value." Still, many people don't know what the difference is. Is a house an asset? This is a good example. Some people think that buying a home is an asset, but if you don't plan to sell it, it's just a big liability. The mortgage will keep taking money from you for years to come, and that's not even counting all the monthly costs for repairs and upkeep. If you ask me, that won't put any money in your pocket. You'll learn more with assets vs liabilities cartoon. #assetsandliabilities #richvspoor #financialeducation

TIMESTAMPS:
00:00 Introduction
02:24 The difference between tangible and intangible assets
04:02 Stocks are the most important asset.
08:47 Is knowledge an asset?

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