Ownership
Depreciating Asset
Something you own that loses value as you use it.
In plain language
Cars, electronics, gear. You may genuinely need it — just don't file it mentally next to the things that grow.
Why it matters
Most 'investments' people defend are actually this.
Put it to work
Own more. Owe less.
Every word here shows up in a real decision. Run your own number, or get the next one in The Letter.