Welcome back to Money grows on trees this episode is super exciting because we are going to make assets and liability sexy for you. Lloyd will explain what they are so that you understand exactly what's going on when someone says assets and when someone says liabilities.

Who thought accounting was sexy? It can be. It's really simple to understand and it's such an important piece of your Money Tree learning for you to know in finance the language they use because when you hear these terms in finance and money the terms seem so Random and so weird. You might think to yourself “oh God, that person must be so smart because they're talking like that.” 

If you ever felt like that then this episode is for you! If you want to learn even more make sure you check out Lloyd’s course and book where he goes into even more details about the terms you should know when Planting your Money Trees. 

 

Head over to lloydjross.com now to get your copy of his book for less than a good breakfast!

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In his early 20's Lloyd picked up a book called “The Snowball” a comprehensive biography about Warren Buffet, arguably the world’s greatest investor of all time and one of the wealthiest on the planet. 

He bought his first stock at age 25… at age 37, Lloyd is now just a breath away from achieving his first major financial goal of $1 million, without ever using debt.

He also bought a book called "Rich Dad Poor Dad" and that helped him, his wife and older sister start a side hustle, and now they teach people how to plant their own Money Tree.

Join Lloyd on his journey helping everyday people reach their financial goals, by reading his book Money Grows on Trees at lloydjross.com.

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The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances and it should not be relied on as the basis for any decision to take action or not take action on any matter which it covers. Listeners should obtain professional advice where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.

 

This podcast is produced by: Phil Better Inc.