What is the definition of Assets? π π
Something or someone of any value; any portion of one's property or effects so considered.
Alright class, settle down, letβs take a look today, At a word thatβs important in a helpful way. Weβre talking about βassets,β clear and bright, Letβs break it down with all our might! The dictionary gives you a pretty long decree, βSomething or someone of any value, you see!β It's more than just a shiny dime, you know, Itβs anything that helps your finances grow. Think of it like this β what do πyouπ own? A bike, a book, a comfy home? Those are all assets, valuable and true, Things that benefit you, me, and you! "Any portion of one's property or effects so considered," - thatβs the part to consider, see? It means even small things, don't you agree? Like savings in a piggy bank, bright and glee, Or skills you have β thatβs an asset, perfectly! Assets can be money, land, or trade, Even talents that are expertly made. They add up to your worth, itβs plain to see, So understanding assets is key for you and me! Do you have any questions? Raise your hand with glee!