what is your net worth

1. over 10,000,000
2, over 1,000,000
3, over 500,000
4, over 250,000
5 over 100,000
6, over 50,000
7, under 50,000

 

Why do you want to know how much money people have? What's the point in starting these dick measuring contests?

 

car + pension + savings + expected inheritance?

I am worth over $1,000,000.

 

I can esitmate but unless I sell my business, it's not liquid so what's the point?

My goal is to keep growing it and increasing the value and I've been lucky to do that but maybe I'll keep it in the family as opposed to selling.

 

700 Trillion Zimbabve dollars.

 

I don't know how much I'm worth. I was able to retire after selling the IT business. I'm still involved in the old business but not officially. It's good to keep busy.

 

I'm 27 years old who lives in the 3rd most expensive housing market in the country.

I'm tight on money now but I've found a comfortable savings ground. Hopefully in the coming years I'll be able to save a lot more. I'm getting introduced to stocks. Still really nervous about it though.

I did get out of 5,000 of credit card debt which feels good

 

I don't own a net?

 

Not as much as I want.

Less than a 100k

 

So, about 50 cents?

 

Many of your fellow liberal Democrats will want to take that inheritance, up to and including 100% of it, and argue that since you didn't earn it, you shouldn't have it.

How do you feel about that?

 

my actual worth, in hard cash + assets, is around $105,000.

 

I currently have a negative net worth because I have two mortgages and carry credit card debt. I don't consider equity in the properties an asset until they are paid for free and clear.

In order to protect my inheritance that will cost me about 125% of its actual value in terms of paying off bills to get to keep a third property, I will be cash-out refinancing one of my current properties later this year, so it will be awhile before I am in the black....or if I croak. I have some major life insurance policies. If I die, my youngest sister will be hanging out with Mitt on the Vineyard, but she doesn't know this because she might kill me to collect--she is a republican like that.

 

You didn't answer my question.

- - - Updated - - -

Thanks for volunteering information I didn't ask for.

 

What will that buy you here in America?

 

I answered the question posed by the OP.

 

So you don't want to answer mine. Interesting...

 

I'm only 22 with a year of college left, so under 50,000 for me. But I have no debt whatsoever, plus I don't even have a credit card, so at least my net worth is in the positive.

 

+10 young man. Take on only the debt which is necessary and never more than you can comfortably repay.

 

^^^^ That's the way to do it.

 

"I lack thirteen dollars havin twenty seven cents....dang me"

 

Word of advice! Your credit becomes a major factor in your life when you leave college. Take out a credit card. Activate it. Buy one thing (like fill up your gas tank) and then DON'T TOUCH IT AGAIN after you pay that off. Your credit will gradually raise even if you don't use your card. It's important to have good credit. I didn't when I left college.

 

This. My current net worth that I know I have for certain and can verify right now is the $24 I have in my wallet. The rest may or not be there by the end of the day, my bank may go under Monday when I go by, who knows for sure.

 

Indeed; a very sound policy and attitude toward wealth and money.

 

I have no idea what my 'credit' is, as I've never borrowed anything from a bank or any other financial institution. If you have a low income, having a credit card for emergencies is probably a good idea, though, but ditch even that as soon as you build up savings and the like.