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Everyday Money

Assets and Liabilities

Assets are what you own that has value — cash, investments, a home; liabilities are what you owe — loans, credit-card balances, a mortgage. Subtract one from the other and you get your net worth, the single number that tracks whether you're getting ahead.

Where this is taught

Definitions are the trailer. These free levels turn Assets and Liabilities into something you play — one bite-size lesson, with worked examples, a quiz and XP.

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