What is your age & net worth?

[Kroze]

I'm just interested.

Net worth = all of your asset - debt


I.E. $10,000 car - $8,000 loan = $2k
$100k house - $90k mortgage = $10k
---------------------------
Net worth = $12k :awe:

 

[HannibalX]

150 years old and 345,345,678,234,787,234,578,234,876,435,325,877 dong.

 

[Engineer]

/lawnchair


^^^ e-penis thread!:awe:

How old are you OP? Curious?

I'm 41 and have no debt...guess my net worth? :biggrin:

 

[GT1999]

Also post SSN and mother's maiden name. Purely for survey purposes. Honest.

 

[blackdogdeek]

i need to add the equity on the house back in, correct?

 

[joesmoke]

28 and -6000

 

[Heller]

age 18

$7500 car. (Scion tc 2007) and $1000 in the bank

 

[Kroze]

Lol

 

[mugs]

i need to add the equity on the house back in, correct?

Your equity is the value of the house minus the balance of the mortgage.

You don't "add it back in," he was showing you how to calculate it. Though it wasn't clear that he was referring to the present value and and present balance of the mortgage as opposed to the purchase price and the original mortgage amount.

 

[Kroze]

age 18

$7500 car. (Scion tc 2007) and $1000 in the bank

the car is paid for?

 

[AMDZen]

Age 28

Assets $239,140.68
Debts –$15,051.39

Net worth $224,089.29

according to mint.com any way - its not calculating what i owe on my house though since my mortgage company website doesn't work with mint.com

 

[Lonyo]

23 and -£10000 ($15k)

 

[Kroze]

/lawnchair


^^^ e-penis thread!:awe:

How old are you OP? Curious?

I'm 41 and have no debt...guess my net worth? :biggrin:

$50k

 

[rasczak]

12 $-14,075,859

 

[BW86]

Age 23

6k car (audi a4) 8k in the bank

 

[bignateyk]

People include depreciating assets in their net worth?

Ignoring my 2 cars (one paid for, the other still mostly unpaid):

20K loans
200K house that I owe ~ 180K on (just bought it)
50K retirement

So... maybe about 50K rough estimate. I'm 26.

 

[Kroze]

Age 28

Assets $239,140.68
Debts –$15,051.39

Net worth $224,089.29

according to mint.com any way

Yea okay mr. self made millionaire

 

[Possessed Freak]

Age: Something greater than 0

Assets: something greater than 0
Debts: something greater than 0
|Net Worth|: something greater than 0

 

[Kroze]

23 and -£10000 ($15k)

Ha ha Ha, I caught that.

 

[skyking]

I'm just interested.

Net worth = all of your asset - debt


I.E. $10,000 car - $8,000 loan = $2k
$100k house - $90k mortgage = $10k
---------------------------
Net worth = $12k :awe:

So, are those your numbers or are you unwilling to go first?

 

[HannibalX]

People include depreciating assets in their net worth?

Yes, until they are worth 0 they are assets.

 

[coldmeat]

21
~-20k

 

[TheVrolok]

Let's just say I'm comfortably in the.. red.

 

[meltdown75]

i'm 34. that's more than you need to know. fuck the net worth bullshit.

 

[AMDZen]

Yea okay mr. self made millionaire

Hey when i pay off my house that number will be accurate