# Money secrets

 - Money is designed to loose its value.
 - So you don't want to keep money
 - Money use, or the things you can spend it on, can be divided in 2 things: assets and liabilities
 - Liabilities are things that take money from you: bills, stuff like clothes and toys, home/kids expenses, mortgage
 - Assets are things that give you money : investments, apartments if you are a landlord, books/art royalties, a youtube channel maybe, a blog, a business, etc.

Back to second point, you don't want to keep money but assets that in time will value more than if you have kept the money.

Quick test:

is a computer an asset or a liability ?
=> a liability, its value is going to $0

is a car an asset or a liability ?
=> a liability

is a house an asset or a liability ?
=> a liability if you pay to live in it.

Now some of the liabilities, you need to live, so minimize their price and maximize their lifespan as much as you can.