What Are You Worth?

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What's your Net Worth?

$0-$20,000
4
31%
$20,000-$50,000
0
No votes
$50,000-$100,000
1
8%
$100,000-$200,000
1
8%
$200,000-$300,000
1
8%
$300,000-$500,000
2
15%
$500,000+
4
31%
 
Total votes: 13
Tim Linkinwater
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Re: What Are You Worth?

Post by Tim Linkinwater » Sat Jun 21, 2014 5:47 pm

Kung-fu Hillbilly wrote:
Tim Linkinwater wrote:Shouldn't there be a pre-A category? More than vladimir.
That's just a given.
Ah. I thought it was about money.
PhnomRon
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Re: What Are You Worth?

Post by PhnomRon » Sat Jun 21, 2014 6:16 pm

There should be an option for negative net worth for all the expats who have debts back home.
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ali baba
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Re: What Are You Worth?

Post by ali baba » Sat Jun 21, 2014 8:26 pm

General Mackevili wrote:I'm -$6,000. Image
General Mackevili wrote:I copied your exact options and made it a poll. :bow:
Why did you miss yourself out when creating this poll?
Also there should be a 7-figure option for the million dollar man.
Scarier than malaria.
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General Mackevili
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Re: What Are You Worth?

Post by General Mackevili » Sat Jun 21, 2014 11:26 pm

ali baba wrote: Why did you miss yourself out when creating this poll?
Also there should be a 7-figure option for the million dollar man.
I was tempted to put a "less than $0" category, but the OP only asked for help creating a poll from his thread.

I thought I'd just do exactly as he asked, since he specifically said exactly what he wanted.
"Life is too important to take seriously."

"Life does not cease to be funny when people die any more than it ceases to be serious when people laugh."

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Bitte_Kein_Lexus
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Re: What Are You Worth?

Post by Bitte_Kein_Lexus » Sat Jun 21, 2014 11:41 pm

How do you go about racking up 6k in credit card debt while in Cambodia? Do you ship yourself some merino wool underwear on a monthly basis or something? Or did you have a 100$ debt when you came here five years ago?
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General Mackevili
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Re: What Are You Worth?

Post by General Mackevili » Sat Jun 21, 2014 11:58 pm

Thank God hostess bars and Pontoon don't take credit card! !

Actually, it's really stupid.

I just put all my flights and other online purchases on it. Damn, and even my visas on it.

Luckily, I've only been paying about 4% interest on it because I'm a balance transferring fool.

Even right now. I paid a lump sum of about $250 to transfer it to an account where I won't pay any interest on it for another year or so.

It's all the same card, they just put it in a different rate category.

:facepalm:
"Life is too important to take seriously."

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Soi Dog
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Re: What Are You Worth?

Post by Soi Dog » Sun Jun 22, 2014 12:26 am

I'm guessing (hoping) the negative worth group here are age 30 or under, for the most part. I bet many of us above that age were in a similar situation when we were in our late 20s. As long as you are actively working and gradually get some kind of plan for savings and future earnings growth, then don't sweat your current net worth. You will definitely want to be seriously considering your retirement savings requirements by age 40, though. Leave it much past age 40 and it can become much more of an ordeal to save enough without serious sacrifices in lifestyle.
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phuketrichard
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Re: What Are You Worth?

Post by phuketrichard » Sun Jun 22, 2014 9:18 am

soi dog;
i had lots more money when i was in my early 30's than i have now!! loved the 80's

only time i was in debt is when i bought a house in Ca in 97

Never had a savings plan, spent what i needed to spent, any left over was left alone.
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
flying chicken
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Re: What Are You Worth?

Post by flying chicken » Sun Jun 22, 2014 9:38 am

You should save up before making the big move. But if you are an adventurous, hobo type, just fucking do it.

To end with a phrase from Greenday:

Its something unpredictable but in the end its right. I hope you had the time of your life.
EVERYONE BOW DOWN AND PAY EXTREME HOMAGE TO HIS MAJESTIES flying chicken©
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Re: What Are You Worth?

Post by Soi Dog » Sun Jun 22, 2014 9:46 am

phuketrichard wrote:soi dog;
i had lots more money when i was in my early 30's than i have now!! loved the 80's

only time i was in debt is when i bought a house in Ca in 97

Never had a savings plan, spent what i needed to spent, any left over was left alone.
It doesn't look like the 20-somethings on this thread are on your same path. Not having a savings plan may have worked out for you so far, but it might not work out so well for them. The consequences of outliving one's retirement savings, and having social security collapse before they can collect any, are far too real and potentially disastrous not to have a plan.

Except for FC, he should continue living his life according to a lame American pop band's lyrics. That sounds like a good plan to me, for him. :thumb:
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