What is your net worth?

Innys

claire21 wrote: »

Who else is loaded ? 5 of us now!

Well, Claire, you are obviously one of the five. Or is that a double a bluff? Glad I don't play poker...:rolleyes:

You're right though, the number of "loadeds" seems to have risen quite sharply. How much of that is true is anyone's guess.

I

Paul1sh

There's 6 of us loaded now.No debts.House value increased by 6 times it's original cost 13 years ago (It was a repo).Inherited 2 businesses when I was 24 sold them and their premises in 2005.'Retired' at the age of 32 to spend time with my family,got bored doing nothing so now I work 93 days a year for something to do.

do_it_today!

hi all :hello:
apparently I am comfortable - I would prefer being money bags though!
anyone got any ideas on how to elevate oneself to moneybags from comfortable in 3-5 years? without being a drug baron or workaholic?

do_it_today!

not saying that moneybaggers or loadeders are workaholics or drug barons. I just lack immagination
not aiming to inherit into wealth
have thought about setting up own biz but sounds really like tooo much hard work
property?? maybe
cant htink of anything else

libra10

According to the poll it looks like I'm a 'Moneybags', certainly don't feel like it though! Our house was bought in 1971 and is a main factor in our 'supposed' wealth. Savings and investments have helped, but as a new pensioner with all the bills coming in, there is more money going out than coming in at present.

I think the goal posts have moved when defining wealth.

Snow_Dog

Perhaps another poll would be how much do you have if you subtract your debts from your cash assets (debts excluding mortgages, provided you are not in neg equity)

Cash assets for example being any money you could get your hands on within thirty days. If you owe a debt on a car you should subtract the outstanding debt from the book value.

Indispensable_Hobbes

Paul1sh wrote: »

There's 6 of us loaded now.No debts.House value increased by 6 times it's original cost 13 years ago (It was a repo).Inherited 2 businesses when I was 24 sold them and their premises in 2005.'Retired' at the age of 32 to spend time with my family,got bored doing nothing so now I work 93 days a year for something to do.

pff some people have all the luck

I'm in the "Got a few bob" category

rizla01

Having been married a few years, I can still remember the joy of having that magical £1000.00 in the bank with no debts.

It was all mine and I had earned it!