Apac Daily

Assets vs liabilities

The idea is to have more assets than liabilities. An asset is something you own that generates income or increases in value. Typical assets include things like land, buildings, businesses, farms, forests, equipment, inventory, receivables, cash, treasury bills and bonds, unit trusts, provident funds, precious metals, digital assets, brands, shares, etc.

A liability is something you owe someone else and costs you money. Examples of liabilities include loans, mortgages, credit, payables, etc.

The difference between your assets and liabilities is your net worth. You increase your net worth by using your income or savings to buy assets while reducing your liabilities. Your income comes from deploying your unique gifts, talents, skills and experiences to solve problems or provide a useful service to other people.

The hunter of the ostrich will find it.

Meaning.
Whatever you seek, don’t give up and you will find it. All we need is patience.
from Morocco

When u see a pregnant goat in the market, there is a pregnant problem at home.
from Uganda(apac)

In the journey of life we keep trying........
There you go

Happy new week