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money and pursuing asset which is important as a young adults?
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[QUOTE="Min Eduok, post: 295787, member: 94713"] [HEADING=2]Money and Asset Importance[/HEADING] money and pursuing asset, which one of them is very important ? Both money and assets are important for financial stability and security. Money provides the means to purchase goods and services, pay bills and debts, and save for the future. Assets, such as property, stocks, and investments, can provide income and grow in value over time, helping to build wealth. It is important to have a balance of both money and assets in order to maintain financial stability and plan for the future. Money, also known as liquid cash, is important because it allows you to meet your current and immediate financial needs. It can be used to pay bills, purchase necessities, and cover unexpected expenses. Having enough cash on hand can help you avoid going into debt or facing financial difficulties. Assets, on the other hand, are things that you own that have value and can be converted into cash. These can include investments such as stocks, bonds, and real estate, as well as tangible assets like a car or a home. Having assets can provide a source of income, such as rental income from a property or dividends from stocks. Assets can also appreciate in value over time, helping to build wealth. It is important to have a balance of both money and assets to maintain financial stability. Having a sufficient amount of cash on hand can ensure that you can cover your immediate expenses, while having assets can provide a source of income and help you build wealth over the long-term. Additionally, it's important to manage both money and assets well, by having a budget, saving, investing, and diversifying your portfolio, so that you can reach your financial goals. [/QUOTE]
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