MoneySaving Poll: How much are you worth excluding your home?

Former_MSE_Sam_M
Former_MSE_Sam_M Posts: 346 Forumite
in MoneySaving polls
Poll started 24 March 2015

How much are you worth (or do you owe) – not counting your home?

To answer this question, you first need to do a little sum:

1. Add up: the total value of your assets such as your savings & pension (excluding your home).
2. Subtract: include credit card debt, exclude student loans & mortgage.


Do you have a 'net worth' or a 'net debt'?

Vote in this week's poll

Did you vote? Are you surprised at the results so far? Have your say below. To see the results from last time, click here.

If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.

Thanks! :)


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Comments

  • torbrex
    torbrex Posts: 71,340 Forumite
    Combo Breaker First Post Rampant Recycler Hung up my suit!
    Same level in the poll as last week, my house is worth less than £100,000 so not including that was not enough to drop me out of the level.
  • missbiggles1
    missbiggles1 Posts: 17,481 Forumite
    First Post Combo Breaker
    How can you add your income (pension) as an asset?
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    First Anniversary First Post
    I guess for pension, it's value is either the value of the pot (if you have defined contribution) or your current entitlement in today's money multiplied by how many years you expect to receive it (if you have defined benefit)?
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    Combo Breaker First Post
    About tuppence ha'penny.
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
  • puk999
    puk999 Posts: 552 Forumite
    First Anniversary First Post
    Currently there's 3 votes of people who owe more than £1,000,000 and are not homeowners. Really? I hope these results aren't going to be taken too literally.
  • tgroom57
    tgroom57 Posts: 1,431 Forumite
    First Anniversary Name Dropper First Post
    Cherry_Gale wrote: »
    I guess for pension, it's value is either the value of the pot (if you have defined contribution) or your current entitlement in today's money multiplied by how many years you expect to receive it (if you have defined benefit)?

    A guess from me, - How do I figure out how much my pension pot is worth, lol ? It is only ever quoted as annual + lump sum.
  • Consumerist
    Consumerist Posts: 6,310 Forumite
    Name Dropper First Post First Anniversary
    This a disappointing poll and definitely should not be taken even remotely seriously.

    Each person will consider the asset value of their pension in a different way so rendering the results pretty useless; assuming they were ever going to be of use.

    Come on MSE, if you want anyone to take any notice of these polls you need to define more closely what you mean by your questions.

    What did you mean by "include your pension"?
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
  • mcjordi
    mcjordi Posts: 4,238 Forumite
    First Anniversary Combo Breaker
    worth 7.8million.......on farmville XD
    Sealed pot challenger # 10
    1v100 £15/300
  • LplateSaver
    LplateSaver Posts: 351 Forumite
    It's interesting for me to note 11% of non-home owners are in the same value bracket, there I was thinking I was atypical. Suppose the percentage would be higher if it weren't for those people who owe £1 million....
  • greyfox
    greyfox Posts: 482 Forumite
    First Post First Anniversary
    missbiggles1 wrote: »
    How can you add your income (pension) as an asset?

    I put the amount of pension I'm getting into the calculator here http://www.thisismoney.co.uk/money/pensions/article-1633402/Pension-pot-calculator-How-need-save-retirement.html
This discussion has been closed.
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