Numis Network: Liability or Asset? Do You Know The Difference?
What is an asset? What is a liability? A liability is something that depletes your bank account, and an asset is something that adds to your bank account. That’s about as basic and it gets.
There are many items that fall into these two categories that may surprise you. So let’s cover first, the liability column. What kind of items do you think you might consider a liability in your financial statement? Some would say their spouse is a liability. Not my wife. She is definitely in the asset column for me.
Your home for example. Is it a liability or an asset? If you said Liability, you would be right. Your home draws money out of your bank account each month, it does not put money back in. There are the expenses to keep it running and the interest that you pay on your mortgage. Now if you had a rental property that had a positive cash flow coming into your bank account every month, that would be an asset.
How about your automobile? Would that be a liability or an asset? Well, unless you have a vintage car or a 1969 427 L88 Corvette. Usually your vehicle that you drive, like your home, is a liability. It draws money out of your bank account just like your home does. A 1969 L88 Corvette would be an asset because the vehicle is worth about a quarter of a million dollars right now. If you can find one? You could list it on your financial statement as an asset.
We are in a struggling economy right now. People are counting their pennies. They aren’t going to the Starbucks and spending the 4.50 for the latte every morning, like they used too. They are running through McDonald’s and buying from the dollar menu. They aren’t having their business suits tailor made, they’re buying them from a discount store. They are looking to cut costs and increase their income.
The wealthy invest in assets and all the others buy liabilities. Remember, liabilities drain your reserves and assets build your wealth.
What if I could show you a business that would not only enhance your long term financial future, but also create a cash flow into your pocket right now? Numis Network is the only company that can do that for you.
You will receive an ounce of silver every month on your auto-ship. Not a juice or a vitamin. An MS-70, mint state, Silver American Eagle. A real asset that you can put down in the asset column of your bank statement. A real asset that will increase in value as the years go by.
You will also start to build up a residual stream of income by helping just two people to do the same thing you are doing, and guess what……your ounce of silver that comes to you every month…..now it’s free. Those people will help two people and so on and so on and so on…. You will be building a residual stream of income that will grow and grow.
Most people are ignorant when it comes to how money works. We are never taught in school how to use money and get it to work for us, instead most of us are working for our money. The wealthy know how it’s done and so does Numis Network.
Why not start marketing a real asset? If you are truly interested in building wealth and generating a residual stream of income by investing in real assets, not liabilities, then join the only company that is marketing a real asset. Numis Network.
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