The time I became more aware about my finances was when I was in college where I have to find a way to get myself though school by myself. I rented a room near my school. Each time the day comes for me to pay for rent, I realized more and more the importance of having my own house. I always thought that a house is an asset until this year when I read several posts from social media that a house is not an asset but a liability. It made me so confused. How is that?
Is a house really a liability and not an asset?
