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Can I afford to quit my job?

Life Kit: Money

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Step Two - Calculate Your Debt and Other Liabilities

Step one is to look at your assets and liabilities. Your house can be an asset but also a liability because you owe maybe a mortgage every month, right? Right. Step two is calculate your debt and your other liabilities. All of those things come under this category of liabilities. And the money part is the vehicle.

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