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Home equity and personal balance sheets

3 videos
This old and badly drawn tutorial covers a topic essential to anyone planning to not live in the woods -- your personal balance sheet. Since homes are usually the biggest part of these personal balance sheets, we cover that too.

Introduction to balance sheets

VIDEO 9:54 minutes
Using a home purchase to illustrate assets, liabilities and owner's equity.

More on balance sheets and equity

VIDEO 10:05 minutes
What happens to equity when the value of the assets increase or decrease

Home equity loans

VIDEO 8:36 minutes
Simple example of borrowing from equity to fuel consumption