| Asset (資產) | Liability (負債) | |
|---|---|---|
| Definition | Puts money into your pocket | Takes money out of your pocket |
| Examples | Stocks, Real estate, Bonds, Index Funds/ETFs, Cryptocurrencies, Commodities, Intellectual Property | Car loans, Credit card debt, Student loans, Mortgage, Rent payments, Insurance & maintenance payments |
| Notes | By investing in assets, you let your money work for you | By acquiring liabilities, you’ll have to keep working hard for money |