In this section of the module the topics of assets and expenses come into play, and the balance between them that is necessary to avoid debt.
Assets: are things that hold value, and are tangible resources that belong to the person or business.
Expenses: are the payments that you owe, the money that you spend, these are consumable payments, meaning that paying into them does not benefit the person or business. Example here is rent.
The point here is that if someone wants to make money, its important to think about spending money on assets, which increase in their value over time.
Below are some tools to assist in the calculations