Read on Twitter
How I turn a Liability into an Asset
A Thread
A Thread
Firstly what is a Liability
Robert Kiyosaki says it the best that a Liability is something that takes money from your pocket - It could be depreciation or an expense
Robert Kiyosaki says it the best that a Liability is something that takes money from your pocket - It could be depreciation or an expense
An Asset is the opposite it's something which puts money in your pocket. It could be a House that you rent out or something you flip as an example
How to turn a Liability into an Asset
Here is an example a House is a Liability it costs you money to live in it
But if you rent a room out or the whole house its likely to be an Asset because money is coming in every month
Here is an example a House is a Liability it costs you money to live in it
But if you rent a room out or the whole house its likely to be an Asset because money is coming in every month
The phone is a liability every year there is a new phone so the value goes down over time. To make the phone an asset it has to be bringing in money.
So how can you use your phone to make money?
So how can you use your phone to make money?
If you are looking to turn other peoples liabilities into your Asset then click the link below
But let's be honest here - You will only make money only if you put in the work
This course can only show you the door it is up to you to walk through it
https://gumroad.com/a/420443251
But let's be honest here - You will only make money only if you put in the work
This course can only show you the door it is up to you to walk through it
https://gumroad.com/a/420443251
