What Are You Worth?

mania112

Monthly living costs: 101% of salary.

FML

SailorSam

Not quite sure, but this time next year Rodney i'll be a millionaire.

racing_blue

In the debt free wannabe board posters often talk about a *light bulb moment*. I have never been in debt, but have had a moment of lucidity.

It was that I could accurately track net wealth (I prefer this term, an objective measure without overtones of worthiness), and by doing so, get instant feedback of how behaviours such as earning, spending, investing and giving affected it.

It sounds so simple but I didn't even consider it until I as 30. Since tracking wealth- focussing on it- I have seen it increase exponentially, albeit from a shamefully low base given the advantages I had in my 20s.

There comes a tipping point where income plays second fiddle to wealth management.

There is one more tipping point on the horizone... the point in time at which you will find me sailing to the Azores, rather than driving a desk.

I now track wealth in £ but also in other terms: multiples of UK average house price, multiples of UK median full time wage, multiples of FTSE all share, multiples of IMF commodities index. For me these are as (more?) important. I have in mind a figure based on these, once the kids have left home and that figure is reached, come find me at the beach!

tell_it_how_it_is

Go on, I'll play ball. No-one here knows me!

Age 40 something
Salary £30k
House £150k (£30k mortgage)
ISAs £30k (4.25% & 3.5%)
Premium Bonds £12k (6 month punt)
Emergency £4k
Pensions £52k

bigadaj

A lot more dead than alive, as for the vast majority of the population.

suki1964

£6.19 an hour

Although my boss may not always agree

Tiglath

I'll bite.

Age mid-forties.
Salary £55k (plus annual bonus although not guaranteed)
House worth £230k (£124k outstanding mortgage)
No savings worth speaking of, and debt as per my signature which will be paid off by the end of 2014.
Pension pot about £50k so far.
No grey hairs but a few wrinkles.

shaz77_2

Most of my savings are part of a redundancy package I recently got. Think the thread is now going in the right direction.

Gobosly

I'll bite as well, no need to be shy:

Over 40 years old!
Salary 69K
Cash savings 25K
House value 300K
Mortgage 0K
Pension 105K
Investment ISA's, etc 320K

Have 3 dependants, and work too hard for my own good!

chris_m

I'm worth more than the entire UK - in fact more than probably most countries in the world.

OK, I don't earn as much as them but neither do I owe as much as them ;-)