Liabilities To Assets

frugal2free - A podcast by Ryan Davis

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Is a Rolex watch a waste of money? How about a Michael Jordan collectible jersey? Could a Ferrari really earn income? What are the things that seem like a complete waste of time and money but actually could be an asset? Find out today what makes an asset an asset and what makes a liability a liability. Or more aptly who makes an asset an asset and what kind of thinking turns liabilities into assets.