Your Networth

posted 3 years ago in Money
  • poll: Your networth
    Has always been positive (or zero) : (68 votes)
    28 %
    Has always been negative : (20 votes)
    8 %
    Has been both positive and negative : (52 votes)
    21 %
    Is currently positive : (71 votes)
    29 %
    Is currently negative : (34 votes)
    14 %
  • Post # 3
    Member
    1068 posts
    Bumble bee
    • Wedding: July 2014

    Has always been positive (thank god for fortunate and generous parents), but soon to be negative, since even the most generous grad school stipend in the world (me) would not pay for FI’s med school tuition and our living expenses.

    Post # 4
    Member
    1184 posts
    Bumble bee
    • Wedding: February 2014

    Currently positive but I have been flat @ss broke in my life 🙂

    Post # 5
    Member
    10748 posts
    Sugar Beekeeper
    • Wedding: February 2014

    Positive, although when we first bought our house 2 years ago the net was probably negative for a bit. 

    Post # 6
    Member
    6073 posts
    Bee Keeper
    • Wedding: August 2012

    Very positive and will stay that way most likely!  We do own a house, but the overall net worth is very positive due to all the retirement savings.

    It was negative in my during college due to student loans.  It was also negative when I had my first house.

     

     

     

    Post # 7
    Member
    1888 posts
    Buzzing bee
    • Wedding: August 2014

    It was positive until I decided to go to graduate school.  Now it’s negative (though that’s my only debt), and unless I win the lottery it will remain that way for a very very very long time.

    Post # 8
    Member
    1312 posts
    Bumble bee
    • Wedding: March 2015

    Sadly, like $80k negative due to my loans. If I combine my assets and debts with SO though, we end up being positive!

    Post # 9
    Member
    5199 posts
    Bee Keeper
    • Wedding: April 2013

    Fortunate to be positive, but I don’t own a house.

    Post # 11
    Member
    6073 posts
    Bee Keeper
    • Wedding: August 2012

    @AB Bride:  Did you have a lot of savings at the time when you purchsed the house?  As in more than the house was worth?

    Post # 12
    Member
    3635 posts
    Sugar bee
    • Wedding: May 2012

    Blessed:  Family who paid for the 1/2 of college scholarships didn’t cover.  And gave me my first car.

    Smart:  Rented until I married my husband who had already paid enough on his house that he has positive equity. 

    Post # 13
    Member
    3635 posts
    Sugar bee
    • Wedding: May 2012

    @sienna76:  You wouldn’t have to have more savings than a house is worth to still have + net worth after buying a house.  As long as you put down a good down payment and don’t overpay you’ll have equity in the house immediately.  That is, you’ll owe less than what it’s worth so it counts as a +. 

    Post # 15
    Member
    10384 posts
    Sugar Beekeeper
    • Wedding: September 2010

    Is definitely positive now (even after buying a house).

    It definitely was NOT positive in college/grad school, but wasn’t so ridiculous (I had less than $20k in student loans).

    Post # 16
    Member
    3222 posts
    Sugar bee
    • Wedding: April 2015

    Always positive until I went to law school. I made money during my graduate program since I had a very lucrative fellowship, but as soon as I paid my first law school tuition bill, I fell into the negatives reeeeeally hard.

    I sometimes look at my bank account and marvel at how preposterous it is.

    Edit: I’ll add that my parents recently threw a Prada purse my direction and covered my first class airline tickets, so in reality, my standard of living hasn’t changed at all. Just my bank account.

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