What assets and liabilities are: https://en.wikipedia.org/wiki/Accounting_equation https://en.wikipedia.org/wiki/Accounting_equation It's best to read Kiyosak

What assets and liabilities are: https://en.wikipedia.org/wiki/Accounting_equation https://en.wikipedia.org/wiki/Accounting_equation It's best to read Kiyosaki replacing assets/liabilities for "candy bars/frog legs". See if it still makes sense.