User talk:Gama Ayanda Innocent

Money as a liability.
Money is any note or coin that can be accepted as medium of payment. Money have always been known as an asset. #Frank_woods and many Accounting teachers argue that money is an asset when on one's care. But I choose to disagree.

Money is an asset only when it's invested for a return, an asset according to me is anything that can generate you income so, money that's within your hands is not making you any money, Since I'm a business man I have noticed that most oftenly I hate it when we have a lot of lazy cash inside the business coffers, I believe that money should be invested on shares and Inventory. That's the chemistry of money you are likely to have found me alive, but you can also try to read Robert Kiyosaki's book "Rich Dad and Poor Dad".

The Chemistry of money says "saving is a waste of money", Mmhhh wtf, I know You are asking yourself, yes saving and getting out of debt won't make you rich. But investing and stabilizing your leverage would take you to greater heights, Invest money, borrow money to do business and give that money back after you have made greater interest yourself. That way you are using debt to generate wealth, you are making cash out of Other People's money. Money that is in the bank or under your bed is a liability, it deteriorates and losses value, Time value of money says that, money losses value over time. And it's true but invested money grows over time hence keeping you afloat, Savers have a poor mindset and I beg you don't be one. Gama Ayanda Innocent (talk) 03:25, 28 June 2023 (UTC)