How to Turn a Liability into an Investment Asset

Vehicle - Asset? or liability?

 

With the rising cases of COVID19 infection, a lot of people nowadays have opted to buy their own vehicles. For health reasons, most people choose to take a private car over public transportation to minimize health risks.  Yes, having your own car can keep you safe from the spread of the virus when compared to taking the public bus. It also makes it easier to get to the places you wanted to go to anytime you want it.  However, do you know that vehicles are considered as liabilities? Continue reading “How to Turn a Liability into an Investment Asset”