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What is your net worth?
05-07-2013, 02:20 PM
15-20K
15K cash and 5K assets I guess
Going to go negative in the next few years though.
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What is your net worth?
05-07-2013, 02:47 PM
Yup loans next year for school.
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05-07-2013, 02:50 PM
Around 5k. Won't go into negative even though i'm studying, thanks to free education in Finland. Will rapidly rise when i graduate.
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05-07-2013, 03:06 PM
Two years ago I was negative $270,000. Now, if you use the accepted business valuation(for brick and mortar businesses. Smaller internet businesses are generally valued at 8-12 months profit.) of four years profit plus current inventory I'm worth well above $250,000.
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05-07-2013, 03:35 PM
Not enough that I can completely stop working, but enough that I'll never have to take a job/client/project I don't want.
That net worth (which is relative to the individual and his based on his economic needs and wants rather than an absolute number) seems to be the "sweet spot" of enjoying some of the nicer things about life without becoming a corrupted trust fund kid who has to seek more and more stimulus until finally there's a needle hanging out of his arm.
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05-07-2013, 03:41 PM
Maybe 2000 $. I have enough to live, but not enough to really save or invest. I'm just starting and my country is economically fucked, so I console myself that it's not too bad.
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05-07-2013, 03:46 PM
I'd second that. My days of taking shitty cooking jobs is over. I'm at about 75k right now.
No matter what your field is, I'm a firm believer in "striking gold". Let's use cooking as an example since that's what I know.
Most cooks take shitty cooking jobs. It might be a nice restaurants, doing nice food, and look good on your resume, but these restaurants start at $10 an hour and max out at $18 per hour. That $18 per hour is pretty rare and usually demands at least 5 years experience. I'll pass.
Sous chef jobs usually demand 50-80 hours per week and pay 35-45k per year. I'll pass.
My buddy? The one that got divorced 6 months ago and moved back to the west coast? He got a gig cooking for sorority and frat houses. He struck gold. He makes 800 a week cash to fuck around and heat up mac n cheese for college kids. The guy comes from fine dining and the kids love him (he's working on the sorority girl thing...I told him to take his time with this one and do it right...don't lose the money supply over pussy) The other frat house cooks don't give a shit but this guy is garnishing his plates with dried parsley and the kids are going nuts. The owner of the business has so much fucking cash coming out of his ears, he'll pay my buddy $150 to make a couple trays of cupcakes that the OWNER was supposed to do, just so he can go out drinking and snort a few grams of blow. There's ounces of premium blow laying around at all times, drinking on the job, absolutely not a single fuck being given. As my buddy gets more and more responsibility, the weekly cash goes up, and this is shit he could do blindfolded.
To me, that counts for something more than "net worth". A number doesn't mean shit if you're lifestyle has a ball and chain on you. Getting paid a decent living wage to do something that isn't stressful, that gives you time to socialize and hit the gym, plus some cash leftover to have fun, that's practically invaluable.
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05-07-2013, 04:35 PM
^^^ in a place like Boston your buddy would clean up !!!
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05-07-2013, 05:01 PM
I have about $5,000 in assets I could easily sell if I needed it, plus a car which may be worth about $8,000-10,000, plus $1,000 in the bank.
I also have about $4,000 in liabilities. $3600 in student loans and about $600 in credit cards. I guess.
That'd be about $9,000 net worth?
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05-07-2013, 06:11 PM
Negative.
Them school loans.
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05-07-2013, 06:26 PM
Cash/Cd's/Stocks/Lending Club= $110k
401k= $85K
HSA (health savings account)= $6K
$201k
-$22K(student loans)
=$179K Net worth (33)
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05-07-2013, 06:30 PM
My net worth right now is a couple hundred dollars. I know that's sorry, but I spent the last couple months traveling and haven't worked in 6 months. At this point, I'm gonna put the traveling on hold for a while and start to stack up and try and make some business moves. At least I'm not in debt though.
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05-07-2013, 06:40 PM
Around 85k usd invested in my appartment.
Around 18k usd in cash.
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05-08-2013, 12:48 AM
16k in student loans for a degree I didn't even finish..
about 5k in my compulsory retirement fund
4k in cash
Assetts worth roughly 5k including car
21 yo
Aim is to have minimum 100k by the time I'm 30 and enjoy myself in the mean time.
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05-08-2013, 06:07 AM
about 200$ (dead srs)
beat that bitches
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05-08-2013, 07:41 AM
I have 13€ in my wallet, does that count?
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