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re: Net Worth at 30

Posted on 7/30/13 at 1:34 pm to
Posted by sneakytiger
Member since Oct 2007
2474 posts
Posted on 7/30/13 at 1:34 pm to
You were getting hung up on the definition of "equity" in your home. Equity is already your "net worth" in your house, or stated differently the $300,000 asset (your home) less the $200,000 mortgage = your equity. Apply that concept across the board and you arrive at your personal net worth.
This post was edited on 7/30/13 at 1:37 pm
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