Access to cash can make or break your ability to survive financial emergencies or even secure a mortgage. But access to cash doesn’t always mean having currency in your wallet. Liquid assets can be ...

How Do Liquid Assets Work? Liquid assets can be converted easily and quickly into cash without losing much time or value. These types of assets have a high degree of marketability, which means that ...

Liquidity refers to how quickly an asset can be converted into cash without drastically affecting its value. It could also be considered a measure of how easy something is to sell for cash, although ...

In simple words, an asset is something of value that you own and can convert to cash. Your car is an asset and so is your house because you could sell either one and receive its value in cash.

Net worth. It’s the be-all-end-all for benchmarking your financial progress. Or is it? In the world of personal finance, we often hear about the importance of net worth, or the sum of all of your ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

Forbes contributors publish independent expert analyses and insights. David John Marotta is a financial advisor covering financial planning. Typically, your financial plan contains assets, liabilities ...