Assets should actually be $446,510. For some reason it doesn't count my car since it's a 2024 model. Hoping to get close to half a million without owning a home this year.
It's unfortunate I didn't get serious about money until really 2019.
What's your net worth?
- Thread starter winb83
- Start date
Assets should actually be $446,510. For some reason it doesn't count my car since it's a 2024 model. Hoping to get close to half a million without owning a home this year.
It's unfortunate I didn't get serious about money until really 2019.
Devilinurear
Veteran
None of your god damn business
(That means my net worth is negative
)
(That means my net worth is negative
)
Made this thread almost 9 years ago and my net worth is 12.5 times what it was back then. I still don't own any property other than a car. It's really all stock investments and retirement accounts.
I will openly admit I have not been smart or frugal with my money at all. I've done dumb stuff like buy a brand new car in 2024 then trade it in and buy another brand new car in 2025.
My deal is I keep my total debt at under $12K right now it's at $8.3K and $7K of that is the car. The other little over $1K is just monthly spend for living expenses and discretionary spend on credit cards I pay off monthly.
Mike Nasty
Veteran
Ugh, just pay off the car and whatever the other CC debt is.
$2.50 and a jawbreaker
KillerPups
All Star
2.5m
KillerPups
All Star
that is very dumb
150-200k give or take home valuations
It's good to track it at least every quarter. Seeing it rise over time is encouraging and empowering. Financial freedom is a must, you see how crazy things are getting out there. Stay investing consistently for the long run and you'll be good. I wish more brehs would put their energy into this game.
Edit: I should reach half a mil by early 2026.
Edit: I should reach half a mil by early 2026.
My credit card "debt" is just the float of my living expenses and purchases. I pay all my statement balances in full every month so I'm not paying any interest. The only way I'll ever have a zero balance is if I just stop using the cards which I don't because I get reward points on all of them. I'll always show a balance but if I'm not paying interest it's irrelevant.
I do have the money to pay off the car right now but I don't feel the need. The interest that high yield account earns is 4.4% and the loan is 5.9% so the loan cost me 1.5%. I will eventually just pay it off because it's a 5 year loan and I don't need to take it 5 years. Payment is $153 a month and every paycheck I add $120 to the account with the money to pay it off. In less than 2 years the extra money I've added will be enough to wipe out the loan.
I'm not really a debt free person. I believe whatever debt you have you should be able to wipe out if needed but I don't have a problem having controllable minor debt at low interest rates.
UncleTomFord15
Veteran
Thread reminds me i need to start dumping more into voo
KillerPups
All Star
vgt u mean?
Mike Nasty
Veteran
Even with this logic it makes more sense to just pay it off .
