Calculating your assets and liabilities
Assets are anything of value that you own that can be converted into cash. Examples include:
- Investments
- Bank and brokerage accounts
- Retirement funds
- Real estate
- Personal property: vehicles, jewellery and collectables.
- Cash
Your liabilities represent your debts, such as loans, mortgages, credit card debt, medical bills and student loans.
101
317 reads
CURATED FROM
IDEAS CURATED BY
Creator. Beer ninja. Travel lover. Twitter evangelist. Lifelong writer. Zombie expert.
The idea is part of this collection:
Learn more about moneyandinvestments with this collection
How to break bad habits
How habits are formed
The importance of consistency
Related collections
Similar ideas to Calculating your assets and liabilities
How to calculate net worth
- Add up the total valued of your cash and other assets. Items could be cash, stocks, bonds, DCs, 401(k), real estate, the money you're owed. Your goal is to determine how much these assets would be worth if you were to convert them into cash.
- Then subtract all...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates