- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Net Worth at 30
Posted on 7/30/13 at 12:20 pm to Zach
Posted on 7/30/13 at 12:20 pm to Zach
quote:
So,
Assets... 100K equity in home
Liability... 200K debt
Your worth is the value - amount owed
If you were to sell everything you had at market price and pay off all debt, how much money would you have?
1
Posted on 7/30/13 at 12:36 pm to Lsut81
quote:
If you were to sell everything you had at market price and pay off all debt, how much money would you have?
So, if I could sell my home for 300K then I would get back my 100K equity. Got it.
So, what kind of debt is liability if home debt is not? And what if I can't sell it for 300K?
This post was edited on 7/30/13 at 12:37 pm
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News