Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Is a millionaire someone whose net worth excluding their primary residence is in excess of a million?
Is a millionaire someone whose net worth excluding their primary residence is in excess of a million?
True (A)
Would owning a $1 million house and owing $500,000 on it make you a millionaire?
Would owning a $1 million house and owing $500,000 on it make you a millionaire?
False (B)
Is liquid net worth the same as net worth?
Is liquid net worth the same as net worth?
False (B)
Is liquid net worth assets that you can trade in and out of?
Is liquid net worth assets that you can trade in and out of?
Signup and view all the answers
Is having a million dollars in cash in the bank considered a liquid net worth?
Is having a million dollars in cash in the bank considered a liquid net worth?
Signup and view all the answers
