Stocks, bonds, savings accounts and certificates of deposits are by far the most common form of investing. Following these is real-estate. Some people, however, have reservations investing in any of these categories. Real estate might be too time consuming, and often ends up incurring higher costs than anticipated. CDs, savings accounts and bonds don't return enough, sometimes even . . .
Chances are, you've heard at least a few get rich quick stories. Some big payout that will set you free from working ever again and let you live a life of luxury. It's why so many people play the lottery. Or fall for get-rich-quick scams. But, deep down, you know that these rich quick stories almost never happen in reality. Even if you did suddenly strike it rich, all the money in the world . . .
I hope the title of this post didn't resurrect nightmares from accounting classes. And I'll try to keep this post from being as boring as said classes. However, understanding your assets and liabilities is critical to your overall financial plan. Reframing how you view Assets and Liabilities If most people were to tally up their assets and liabilities, they would include all . . .