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re: Net Worth at 30

Posted on 7/30/13 at 6:47 pm to
Posted by Sigma_
Member since Jun 2013
46 posts
Posted on 7/30/13 at 6:47 pm to
Zach, congrats on the outstanding Money Board trolling. This is the best one I can remember not related to bitcoins or life insurance.

and Liability = Applesauce, hope that clears it up

Posted by EventHorizon
Baton Rouge, LA
Member since Feb 2009
1030 posts
Posted on 7/30/13 at 7:42 pm to
Assets - Debts = Net Worth (nobody using Mint?)

You sell EVERYTHING you own.
You pay off ALL your debts.
Whatever money you in your pockets now, that's your net worth. If you couldn't pay your debts after selling everything, you have a negative net worth.
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