what is asset?+
what is liability?-

Thank you very much for that question.

An asset is something that puts money into your pocket while a liability is something that takes money out of your pocket. On the real sense, a phone is a liability but in the business sense, a phone is also an asset in that there are a thousand and one ways by someone's handset can make money for him. I have tried some of the things and it worked. You can learn about this by sending an email to: gsmwealth2010@yahoo.com.

This is an open forum please!

Well lets flip the topic for this advertiser.

my phone is an asset! I just replied this post from it. So do I respond to business email. Keep watch of online transactions as all my life revolves around the web. Thats where I earn my living

My phone is a necessity, but i still think it's an asset. Anyone to show me how to turn this around?

i believe it abit of both.
I get to make essential communications even though its expensive but i get to make them anyway.
All i do is discipline myself by ticking to a strict budget monthly

my phone is a liability

My phone is definitely an asset and neccessity, not ony for personal use but work and use as well. That is not to mention the easy assess i have to the web 24hrs a day.

Well, as the saying goes, nothing is bad, it is exactly how you look at it that makes it bad or good.

For me, my phone is both my asset and a value to me, because, with it, i make great business calls that puts money into my pocket, with it, i receive payment confirmations and all others.

so, phone can be anything to anybody depending on how you look at it.

right now, my 4one is such a big liability cos i need 2 get a new one.