Tim Tansil https://timtansil.com Internet Marketer And Personal Finance Coach Fri, 30 May 2014 04:41:38 +0000 en-US hourly 1 https://wordpress.org/?v=3.7.36 What is an Asset? https://timtansil.com/what-is-an-asset https://timtansil.com/what-is-an-asset#comments Sat, 17 Mar 2012 16:07:42 +0000 http://timtansil.com/?p=21 “An asset is something that puts money in my pocket.” – Robert Kiyosaki.

Another simple quote that packs a powerful punch of financial wisdom. For example, a person’s home is often viewed as their greatest asset.  However, when viewed through the above definition, most homes are liabilities for their owners.  The mortgage payments, taxes, insurance, electric bills, and maintenance ,assure that money flows out of the owner’s pocket on a regular basis.  Moreover, the recent housing crisis has compounded the problem with decreasing home values.  Understanding the real difference between assets and liabilities is an important first step to developing a winning personal finance strategy… Tim Tansil.

]]> https://timtansil.com/what-is-an-asset/feed 0 Words of Financial Wisdom https://timtansil.com/words-of-financial-wisdom https://timtansil.com/words-of-financial-wisdom#comments Sat, 17 Mar 2012 07:33:25 +0000 http://timtansil.com/?p=15 Today’s Quote: “If you live like no one else, later you can live like no one else.” -Dave Ramsey, best-selling author and radio host.

The above quote is simple yet profound.  Have the discipline to get control of your finances now, and you will have a future that others only dream about.  Start your journey today, and your good habits (consistently applied) will reep great rewards….. Tim Tansil.

]]> https://timtansil.com/words-of-financial-wisdom/feed 0 Hello world! https://timtansil.com/hello-world https://timtansil.com/hello-world#comments Wed, 08 Feb 2012 01:33:50 +0000 http://timtansil.com/?p=1 Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!

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