Assets vs. Liabilities (What's The Difference And How It Works)

Assets vs. Liabilities (What's The Difference And How It Works)

Many people don't really know the difference between Assets and Liabilities,
and this could be the reason why so many people have financial hardships.

Today's video takes a closer look at these two concepts, and why the rich will rather buy or invest their money into things that promote financial growth, while others spend their money and lose out.

Your house, 401K and IRA are NOT assets. In this video I will be teaching you the basic fundamentals of financial education. Along with the difference between an asset and a liability so you can learn to control the direction of your cash flow.