Assets
What are assets and why should I store them?
An asset is something of value owned by an individual or household. Essentially, your assets are everything you own. An asset is something containing economic value and/or future benefit. An asset can often generate cash flows in the future such as a savings account, rental properties, or farmland. Common examples of personal assets include: Property, vehicle, and pensions.
Examples of Assets:
- Safety Deposit Box
- Checking Account
- Savings Account
- Property or Land
- Personal Property: Boats, Vehicles, RV
- Jewelry
- Collectibles