
Sign up to save your podcasts
Or


In this episode, we sit down and talk about the difference between an asset and a liability. We also provide ways by which you can accumulate appreciating assets and share helpful information with regard to depreciating assets.
An asset is a useful or a valuable thing, person, or quality, and a liability is a state of something that could be depreciating or could cause you some frustration.
“When you have something that's appreciating, you have to be willing to let it run for a long period of time,” Ben shares.
Check out the ways by which you can accumulate assets below:
03:53 Appreciating Assets
04:12 Setting up a Crypto Account
08:33 Real Estate
12:46 Depreciating Assets
13:13 Cars
16:37 Homework
We appreciate you tuning into this week’s podcast episode of New Money Gang. Show us some love by heading over to Apple Podcasts, subscribe to the show, and leave us a rating and review. Help us spread the word by sharing your favorite episodes on social media.
Get your daily dose of financial inspiration on Twitter: @New_MoneyGang
Read more about how to make money online with the internet as the key driver here: https://newmoneygang.com
Connect with us on Telegram: http://t.me/NewMoneyGang
Hosts:
Lea Anne Powell
@LeaAnneDriver
Justin Custardo
@justinc.atx
Ben Armstrong
@bitboy_crypto
By HIT NetworkIn this episode, we sit down and talk about the difference between an asset and a liability. We also provide ways by which you can accumulate appreciating assets and share helpful information with regard to depreciating assets.
An asset is a useful or a valuable thing, person, or quality, and a liability is a state of something that could be depreciating or could cause you some frustration.
“When you have something that's appreciating, you have to be willing to let it run for a long period of time,” Ben shares.
Check out the ways by which you can accumulate assets below:
03:53 Appreciating Assets
04:12 Setting up a Crypto Account
08:33 Real Estate
12:46 Depreciating Assets
13:13 Cars
16:37 Homework
We appreciate you tuning into this week’s podcast episode of New Money Gang. Show us some love by heading over to Apple Podcasts, subscribe to the show, and leave us a rating and review. Help us spread the word by sharing your favorite episodes on social media.
Get your daily dose of financial inspiration on Twitter: @New_MoneyGang
Read more about how to make money online with the internet as the key driver here: https://newmoneygang.com
Connect with us on Telegram: http://t.me/NewMoneyGang
Hosts:
Lea Anne Powell
@LeaAnneDriver
Justin Custardo
@justinc.atx
Ben Armstrong
@bitboy_crypto