What are assets, liabilities and equity?
To keep your books balanced properly, make sure you understand each of these terms.
5 min read
Sep 11, 2025
Mia Taylor
Contributing Writer
Highlights
- Contributing writer
- Award-winning journalist
- Featured in The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com
Experience
Mia Taylor is a contributor to Bankrate and an award-winning journalist who has two decades of experience. She has worked as a staff reporter or contributor for some of the nation's leading newspapers and websites including The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com.
Mia's latest articles
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What not to say when selling a house
Selling your home, while often emotional, is a business transaction.
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Key mortgage terms to know: A guide to commonly used phrases
From A(RMs) to V(A loans), the most common words mortgage shoppers should know.
13 min read Sep 10, 2025 -
What is Fannie Mae? And how does it work?
This government-sponsored enterprise helps maintain liquidity in the mortgage market.
5 min read Sep 04, 2025 -
5 reasons to open a business checking account
It’s not just a place to park capital. Learn how a business checking account can be a business tool.
5 min read Aug 29, 2025 -
Complete costs of buying a house, from down payment to maintenance (and more)
The true cost of buying a house goes far beyond just your down payment.
8 min read Aug 27, 2025 -
What income do I need to afford a $1 million house?
How much income do you need for a million-dollar home purchase?
4 min read Aug 26, 2025 -
Do I lose home equity after refinancing?
Depending on the type of refinance, the amount you owe could deplete the amount you own.
8 min read Aug 22, 2025
