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cash and investments—such as checking and savings accounts—personal property (jewelry, a car, or a computer), stocks (shares in a corporation), real estate, and business equipment
401k
Mutual fund
Compound interest
Liabilities
people living on fixed income
Pay Yourself First 10%
Liquidity
Examples of Assets
are financial obligations, or amounts of money you owe. Liabilities include outstanding bills and debts of any kind, such as student loans, car loans, money borrowed from friends or family, mortgages (and rent, if you have a lease), and taxes.
401k
Mutual fund
Compound interest
Liabilities
people living on fixed income
Pay Yourself First 10%
Liquidity
Examples of Assets
How Quickly an asset can be converted into cash .Examples include checking accounts and savings accounts.
401k
Mutual fund
Compound interest
Liabilities
people living on fixed income
Pay Yourself First 10%
Liquidity
Examples of Assets
Groups of stocks, bonds, and other investments managed by an investment firm
401k
Mutual fund
Compound interest
Liabilities
people living on fixed income
Pay Yourself First 10%
Liquidity
Examples of Assets
retirement plan when employers often match a portion of every dollar you invest
401k
Mutual fund
Compound interest
Liabilities
people living on fixed income
Pay Yourself First 10%
Liquidity
Examples of Assets
Automatically route money from paycheck to savings (before paying bills).Is called
401k
Mutual fund
Compound interest
Liabilities
people living on fixed income
Pay Yourself First 10%
Liquidity
Examples of Assets
Interest calculated on both the principal and the accrued interest.
401k
Mutual fund
Compound interest
Liabilities
people living on fixed income
Pay Yourself First 10%
Liquidity
Examples of Assets
Inflation is the general rise of price levels: who suffers in inflation
401k
Mutual fund
Compound interest
Liabilities
people living on fixed income
Pay Yourself First 10%
Liquidity
Examples of Assets
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