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Money-rich, time-poor is an expression which arose in Britain at the end of the 20th century to describe groups of people who, whilst having a high disposable income through well-paid employment, have relatively little leisure time as a result. Time poverty has also been coined as a noun for the phenomenon.
This post tells the story of my mother and her equity rich but cash poor financial state, and how I used real estate investing to help save her home. This post tells the story of my mother and her equity rich but cash poor financial state, and how I used real estate investing to help save her.
Pretty much it is what exactly it says lol, asset rich but cash poor. I owned a commercial financing company, had plenty of clients who on paper had 10’s of millions in assets but showed little income (moreso b/c of how they use tax shelters but you get the idea).
Cash is legal tender or coins that can be used to exchange goods, debt or services. Cash in its physical form is the simplest, most broadly accepted and reliable form of payment.
Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business.
What does cash-poor mean in Urban Dictionary?: A word your inexpensive fuck boss begins making use of copiously months and on occasion even months before the holiday season or yearly overall performance.
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Poor definition, having little or no money, goods, or other means of support: a poor family living on welfare. See more.
America is house-rich but cash-poor – and these businesses see opportunity. the company had dispersed $200,000 in cash to pay off Lindsay’s creditors and allow him to do much-needed.
"house rich, cash poor" Posted by ESC on October 07, 2006. In Reply to: "house rich, cash poor" posted by David FG on October 07, 2006: : : I understand the phrase, "house rich, cash poor" refers to the situation where your housing costs take up most of your income, leaving you with an expensive house (house rich)and little money for anything else (cash poor).
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