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I.E., a computer could be an asset because it could be rented out, and thus would generate money on its own. I am looking for a list of things that would be considered assets, as opposed to liabilities, in the home. Things that could be used to create money without me being there. (Think "Rich Dad, Poor Dad" concept). Thanks a lot.

2006-12-14 07:51:12 · 1 answers · asked by Amy 1 in Business & Finance Personal Finance

1 answers

The banks and the dictionary say assets are anything worth money.

But if you want to be financially independent then ONLY things that put money in your pocket are assets !!

Good going on reading "rich dad poor dad" !! I truly don't have much in my house that makes money with out me being there. Wish I could help!

2006-12-14 07:59:08 · answer #1 · answered by Kitty 6 · 0 0

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