HCC Episode #037 Part 1 - Back to Basics - What's on your Personal Balance Sheet...How's your P&L??

Episode #037 Part 1 - Back to Basics - What's the difference between a Balance Sheet and a Profit and Loss Statement?? What is an Asset vs a Liability...how does it relate to income versus expenses on a Profit and Loss Statement. In this episode, we run through in a very simple way what these terms are and how they apply to personal or family finances. We talk about one of our favorite authors - #RobertKiyosaki and his book #RichDadPoorDad - this was a book that changed our lives and we highly recommend that you snag yourself a copy. There is a link below that will take you to Amazon, should you wish to buy a copy... https://amzn.to/3qmhFmy This is a three-part series based on a request from a subscriber. If you have anything specific you wish to have us banter about, please leave us a comment in the comment section below. Wanted to also thank all the new viewers and subscribers, we truly hope the information we discuss is helpful in starting your journey off in investing in Digital Assets. Follow-us as we journey through the WealthSimple Crypto Challenge of 2021. As always...thanks for watching...!!! Tim and Nancy ●▬▬▬▬▬▬▬ WealthSimple Crypto & Trade Challenge 2021▬▬▬▬▬▬▬▬● Tim and Nancy attempt to build wealth both in the traditional stock market but primarily in the Crypto Market? WealthSimple Crypto & Trade Challenge - Follow us on our 1-year journey as we learn how to invest from nothing to $25k. We will be building our profits bit by bit. If we can anyone can...!!! We trade using the WealthSimple Trade platform - Canada's only $0 commission, NO FEE trading network being used by over 175,000 Canadians. By clicking the link below, you will receive a bonus $10 on your first trade of $100 (FREE MONEY!!) and get started on your WealthSimple challenge! https://my.wealthsimple.com/app/public/trade-referral-signup?code=REQTMG BitBuy - The Best Currency Exchange in Canada - we use this exchange to Buy and Sell Crypto!! http://go.bitbuy.tech/aff_c?offer_id=3&aff_id=1116 Blockfi is specific for cryptocurrency where you can earn interest on your Cryptocurrencies. https://blockfi.com/?ref=e9b405f5 We love Blockfi … however, if you are Canadian, we recommend that you buy your crypto through BitBuy first, as you can do so in CDN Funds - it is an additional step because Blockfi is a US based platform. We are just about to celebrate our 30th wedding anniversary and we wanted to spice up our year, by learning something new and creating another stream of income, starting from nothing. If we can do it...you can too…!!! Come GROW with us…!!! ●▬▬▬▬▬YOUTUBE CHANNEL RECOMMENDATIONS▬▬▬▬▬● ✅ Anthony Pompliano - The Pomp Podcast https://www.youtube.com/c/AnthonyPompliano ✅Anthony & Polina Pompliano - Lunch Money https://youtube.com/playlist?list=PLXPynXp1jqJWO81-i6iNH5mu5KyWnMLL6 ✅ Rob - Digital Asset News https://www.youtube.com/c/DigitalAssetNewsDAN/featured ✅Lark Davis - Wealth Mastery https://www.youtube.com/c/TheCryptoLark/featured ✅Robert & Kim Kiyosaki - Rich Dad Radio https://www.youtube.com/playlist?list=PL05CT5ErhZto3RfofwBL_WDSnZvCF1NBP ✅Daniela Cambone - Stansberry Research https://www.youtube.com/user/StansberryMedia ✅George Gammon - The Rebel Capitalist https://www.youtube.com/channel/UCNjyEXSvYUUCzagFAKmaJ1Q ✅ Raoul Paul - Real Vision https://www.youtube.com/channel/UCBH5VZE_Y4F3CMcPIzPEB5A ✅Brandon Beavis - Brandon Beavis Investing https://www.youtube.com/channel/UCoYDuEolAYsjQzzqe2dh1sg ✅Ryan Hemsley - The 1-Year Challenge https://www.youtube.com/channel/UCCw2Q5D2CmJc6doK_2MFXog ✅ Alex Mascioli - *Smart Money* Behind the Scenes http://bit.ly/alexmascioli​ ✅Bitcoin Family | Bitcoin Investor Since 2013! http://bit.ly/didibtcfamily​ ✅Coin Bureau - FANTASTIC crypto info! https://bit.ly/coinbureau​ Non-Investing But Great YouTubers: ✅Tim Danter - CWD - Tim Bit’s https://www.youtube.com/channel/UCPFaZQ-7nEvX_InkYfoSK8A ✅Gus Fraser - Fraser Fish https://www.youtube.com/user/gusfraser27 We listen to the YouTubers above because we like & trust them. ●▬▬▬▬▬▬CRYPTO ESSENTIALS▬▬▬▬▬▬▬● (100% FREE!) Simplified Crypto Education (EASY!) DAN Website ► https://danteachescrypto.com/​ ●▬▬▬▬▬▬▬▬OUR EMAIL▬▬▬▬▬▬▬▬▬▬▬● Business Inquiries ONLY: timdanter@gmail.com ●▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬▬● ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as we are not experts or financial planners. Please perform your own research.