/biz/ - Business & Finance

In this thread we address the raising waist lines of my /biz/ bros. Unlike the fitness board this will have a business slant. If you gained weight from eating too much alone, you don't belong here. You belong here if the stress from investing has impacted your health and fitness.

You people are buying ETSY right. RIGHT?

>>12655449
You are too new to understand all of it. But everyone has the one on the right. Income is like a paycheck or savings interest. Expenses is like everything you spend money on even a payment for a mortgage. Assets are anything you own like an apartment or stock. While liabilities are things like credit card debt or dollar value of remaining mortgages.

The goal is to buy assets that bring you income so you can escape the rat race. Basically end being a wagie. When your assets create enough income to cover your expenses, you made it.

Also a persons house they live in is an asset but if generally only creates expenses.