Nice plug Matt, check out his newsletter to full of useful advice. Just like to also suggest that viewers should look at there assets and consider are these assets making money or costing you money. On most peoples balance sheet I bet they will have many items that are costing money eg house, car and boats.
What your viewers need to be doing is to change there perspective of what an asset actually is- I define an asset as something that makes you money eg shares, margin loans, businesses, bonds, 'some' real-estate ect. Once this perspective changes you will look at your assets differently and hopefully reduce the assets that are more like liabilities.
Nice plug Matt, check out his newsletter to full of useful advice. Just like to also suggest that viewers should look at there assets and consider are these assets making money or costing you money. On most peoples balance sheet I bet they will have many items that are costing money eg house, car and boats.
spicey1987 4 years ago
What your viewers need to be doing is to change there perspective of what an asset actually is- I define an asset as something that makes you money eg shares, margin loans, businesses, bonds, 'some' real-estate ect. Once this perspective changes you will look at your assets differently and hopefully reduce the assets that are more like liabilities.
spicey1987 4 years ago