Finance Your House: Asset or Liability? May 1, 2012March 28, 2017 Scott Neal advice, advisor, annuity, asset, asset side, asset side of the ledger, client, client 's house, Dave Ramsey, egregious rule-of-thumb assumption, elation, equity, financial advisor, financial plan, financial statement show asset, future financial well-being, handy hedge, inflation, inflation rate, interest rate, liability, mortgage, portfolio, proffer advice, resort source, resort source of fund, rule-of-thumb, rule-of-thumb assumption, rule-of-thumb recommendation, Scott Neal, standard advice, substantial asset, tax rate, use home equity, use-asset, value of the client 's house, x., x% drop For years Dave Ramsey has claimed that the house you live in is not an asset, but a liability. Of Read more