is asset consider as savings?

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is asset consider as savings?

2007-01-08 02:17:41 · 3 answers · asked by sweet sugar 3 in Business & Finance ➔ Personal Finance

3 answers

Assets are things that you own that have value. Illiquid assets are those that can't be sold very quickly (business, house) and Liquid assets are those that can be disposed of rapidly (savings, stocks, cash). Your savings are liquid assets.

2007-01-08 02:53:53 · answer #1 · answered by morlock825 4 · 0⤊ 0⤋

No. Savings are considered as liquid asset though.

2007-01-08 10:21:44 · answer #2 · answered by spot 5 · 0⤊ 1⤋

no... because your savings have a direct $ value, whereas your assets are usually subject to devaluation

2007-01-08 10:21:34 · answer #3 · answered by Anonymous · 0⤊ 1⤋