The Consumer Balance Sheet

The Consumer Balance Sheet: 25% of Total Assets = House (keep the word Home out of your vocabulary when talking about financial concepts). 65% of all debt is Mortgage-related.

The Three-Sided Balance Sheet is about this reality - that real estate is both an asset and a liability... most realtors sell real estate, most lenders sell loans, and most financial advisors manage assets - Certified Liability Advisors manages liabilities.

Financial Advisors and Liability Advisors have something in common - the House!