
Tag Archives: assets
Can I Improve Net Worth by Decreasing Liabilities? – Part 2
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Click here to read part – 1 The problem is that for many increases in assets there is a commensurate increase in liabilities (eg. buying a house usually requires a mortgage). Additionally, people only make so much money at their jobs, and negotiating a raise may be difficult. This creates … .
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Can I Improve Net Worth by Decreasing Liabilities? – Part 1
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It may sound complicated but the resounding answer my friends is yes! But how do you go about the process? Well first let’s look at the detail. Public companies are required to produce reports based on their financial positions. The fact is, you’ve already heard of this! Income statements, balance … .