Liability VS Asset

Dear friends,

According to Robert T Kiyosaki (the author of Rich Dad's books), one way to get rich is to turn your liability into an asset.
Liability is something that take your money.
Asset is something that get you money.
A very simple and yet still mistakenly accepted concept by most people.

For example, your hand phone.
It's a liability because you need to top it up to make phone calls.
I was able to turn it into asset by registering it as balance engine that able to top up other hand phone.
But I don't make to much money from it because I'm doing it to help other people.
It's in an alignment with the principle of a good business.
To serve others.

We'll what's next? :)