Assets vs. Liabilities

Posted by Nailah Herbert in AssetsFebruary 7, 2023•1 min read
Are you ready to make some real money moves?

Assets are items that you own that put money into your pocket. Examples of assets include cash in your bank account, certificates of deposits (CDs), real estate, and dividend stocks.

 

Liabilities are items you owe to another party that will take money out of your pocket. Examples of liabilities include loans, mortgage debt, credit card debt, and student loans.

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