What comes to mind when you think about financial wealth and statements of financial position?
Which do you think is more important, Net Worth or Income?
- Net Worth
- Income
- Equally Important
What were the three types of assets we discussed?
Which type of asset do you feel is the most valuable?
- Monetary
- Tangible
- Investments
In your opinion, what connotation does the word "liability" have?
Sometimes liabilities get a bad reputation, name one benefit of them.