How to Create a Personal Balance Sheet
The Human Revolution with Dylan Bain
How to Create a Balance Sheet
A balance sheet is an opportunity to really look at what the health of your assets are and what has changed. Your net worth is really just your assets minus your liabilities. CDs are certificates of deposit with banks and they're not great, but yes, those would be considered a cash account. Money market accounts while not technically a savings account are also considered cash accounts.
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