Assets Vs Liabilities | Financial Basics

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Straight Up Wealth

ZEJA

11 episodes

2 days ago

I am a physician (M.D.) turned entrepreneur and educator. I grew up in an immigrant family focused on scarcity and saving. Always follow the safe path and the sure thing. Save money, live frugal and that’s how life would go. I questioned nothing, followed that path and ended up unhappy, in $250k debt and not at all living the life I wanted. I had to educate myself on everything money and got quite upset that it had never been taught to me over my many years of “education”. This platform is an effort to remedy that. Disclaimer: We are not financial advisors and this is not financial advice.

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Assets Vs Liabilities | Financial Basics

Straight Up Wealth

4 minutes 37 seconds

2 years ago

Assets Vs Liabilities | Financial Basics

A major concept in personal and business finance is understanding assets and liabilities. You need to be deliberate with how you spend your money, so make sure you are spending most of in on the right side of these two factors.

00:00 Intro

00:05 Balance Sheet

00:19 Definitions

00:33 Examples

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About Us We were quite frustrated about the lack of financial education we had throughout our very long educational road. We took matters into our own hands, learned a lot and turned things around. We hope to teach what helped us, and what we continue to learn.

Get In Touch: Happy to chat, reach out via Twitter or Insta above. Business Inquiries: straightupwealth@gmail.com

DISCLAIMER: Do your own research. We are not licensed financial advisors. There is no legal advice or financial advice in these videos. This video, the topics discussed, and ideas presented are our opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.