The #1 Cause of Divorce
One of my mentors and friend wrote about the number one cause of of Divorce, and i deem it necessary to share with you my friends here. Because it will save some marriages.I was in a Finance class for executives recently and we were going over the “Balance Sheet” concept.
The balance sheet, as you may or may not know, consist of assets, liabilities, and equity. On a balance sheet, the assets must always equal the liabilities, plus the equity.
The professor gave an example, he said, if you purchased a home that cost $400,000, and you made a down payment of $50,000, your balance sheet would look like this:











