What Is Your Age and Net Worth?

Hi ozbargainers
I want to know how i am doing financially compared to my peers. I find it rude to ask my colleagues/friends how much money/assets do they own. And I don't believe I will get a straight answer even if I ask. So as an anonymous ozbargainer will you care to share?
Net worth is defined as all your assets minus liabilities.
So how old are you and what is your net worth?
Let me start
I am 38 with 1 wife 3 kids $1.5mil

Comments

  • +1 vote

    You should set up a rule for loading plus/minus for spouse/children/step children/ other possible dependants.

  • -2 votes

    Ok voteoften.
    Don't worry about how many kids or wives.
    Let me rephrase.
    I am 38. Our family net worth is $1.5mil.

    • +11 votes

      An average house in Sydney is worth 1.5 million. You need to look at liquid assets not including your home (unless you are selling up and moving to the country?)

      • +1 vote

        What if op rents and doesn't own a home? Then according to this, his net worth would be $1.5m greater than someone similar who owned their home.

        •  

          My complete extended family has a remote chance of leaving their property to me.

          My net worth is $74mil. Look at me.

      •  

        A home is part of one's net worth, just remember to subtract all liabilities including the mortgage.

  • +163 votes

    I have 10,000 enloop batteries in all colours which are worth a lot more than I paid for them thanks ozbargain:)

    • +7 votes

      I hope at least your portfolio is diversified - if you don't have a mix of AA/AAA/C/D cells you're crazy

  • +28 votes

    im worth around 2 Billion in Ozbargain $ currency

    • +31 votes

      2 Billion in Ozbargain $ currency

      How many Eneloops does that translate to? Can't believe that Google can't do "$2b AUD in OZB"…

      • +2 votes

        How many Eneloops does that translate to

        Roughly 1.2 trillion but if Japan and China start printing more Eneloops Dollars, Id be screwed

        Can't believe that Google can't do "$2b AUD in OZB"

        look at that as a positive. We don't want the government to start regulating the OZB currency and we definitely don't want to start declaring all our eneloops on the yearly tax return

    •  

      "I'm worth a million in prizes "

      PS sorry about the accidental neg How do I remove on mobi?

  • +73 votes

    since this is the internet and we all tell the truth on a bargain forum page

    I'm worth 100 million, wife, 4 mistress and 10 kids

    • +16 votes

      I've got a wife, husband, packet of tropical enerloops and 30 everyday reward points.

  • +19 votes

    myself $3.50

  • +62 votes

    Uni Student. $20

  • +107 votes

    I'm 28 & I've been living in Australia for just under a year.

    I'm currently worth one wife, one small child, the few thousand dollars in the bank, 4 slabs of Crown (along with 4 Crown glasses) a ton of eneloops and a temporary visa.

    Living. The. Dream.

  • +150 votes

    To Quote my Dad I am worth nothing

  • +25 votes

    Sounds like someone trying to flex their Epeen.

    •  

      Well I'm jelly… wish I had 1.5 million. I'm 25 and worth like, oh wait credit cards don't count as my money :P

  • +2 votes

    Well Australia is a rich country. Per capita is the highest, or top 5 depending how you measure it.

    Not sure including the home is proper. I think many people forget their debts and liabilities too.

  • +4 votes

    I am so poor i buy things on lower purchase.

  • +65 votes

    $1.5mill and a family. You know your doing well, better than most. No real need to ask.

    • +3 votes

      I'm 30 but doesn't really matter how much wealth I accumulate.

      I would give it all up to be a carefree teen again with no worry about bills, work and social media.

  • +26 votes

    i hope this thread it as depressing for some other people as it is for me. lol

  • +104 votes

    Some people are so poor all they have is money.

    • +1 vote

      "Some people are so poor all they have is money."

      Love this, so true.

      'Worth' a family, and enough money to keep them fed clothed sheltered and smiling. what else matters?

      well. eneloops obviously!

  • +12 votes

    <humblebrag>
    $1.5 mil and 30+ year old ball and chain who's popped out 3 kids.
    </humblebrag>

    Bet he wishes he could swap it all for a stick and a bindle.

  • +17 votes

    I have to walk 40 kilometres to work, up hill both ways. Live in a packing crate at bottom of tip!

  • +3 votes

    Why is someone with $1.5m worth on ozbargain?
    My wife and I are both studying second degrees, on The 'Link and two kids and mortgage. Damn we need ozbargain but I can't wait for the day when I have some cash in the bank and don't have to scrounge for dollar savings here and there. Although they say old habits die hard………

    •  

      26 Oct 2014

    •  

      How would you pay down a mortgage only centrelink. It's pretty much just scrapes by for living expenses and maybe a share house room, let alone a mortgage.

    • +6 votes

      To your last point - isn't that exactly why someone with reasonable wealth would be on Ozbargain?

      I'd think more highly of someone who is wealthy yet still respects the value of money rather than someone who thinks they should just blow money on anything because they've got a lot of it.

    •  

      why are you centrelink??
      Is it because you are both studying?

  • +6 votes

    Been a while since I worked out my net worth. Don't think I'll get much for the wife any more, but probably will get a fair amount for the kids…. Will have to get back to you….. ;-)

  • +2 votes

    I dont know how to calculate net worth…Anyone has a formula?

    Bank account: $204.87
    Credit Card Debt : $7,239.61
    Shares: ~$10,000

    •  

      In simple terms, value of what you own less any debt you have.
      Looking at above, your net worth is $3k but obviously, you may have other assets (car, house etc).

      • +6 votes

        Loool Gg then. Na I don't. I'm 28 already too. Time to get serious in life I guess..

        •  

          Don't worry I'm not that far ahead of you in terms of net worth….1/2 share in car, a few k in the bank age 27

          EDIT: I forgot to add my OZB worth 16 AA Eneloops + 3 AAA Eneloops (cant work out where #4 went).

    • +4 votes

      How do you survive, minimum repayment for your cc debt is $217.19, in itself more than your entire bank balance…

      • +3 votes

        It's just this month, things happens… That means I have until mid of Sept to slowly turn my shares into cash, otherwise the 7k will be 10k debts in no time

        • +6 votes

          Yeah, get rid of the shares. Unless you're making a return that's greater than the interest rate on your credit card, you're technically losing money just holding on to the shares. Try getting a 0% balance transfer first though.

        •  

          @bangbang: jasecs do this if have CC deit you have no money for shares better of pay your bill and then save some money for shares

        •  

          @nikey2k27:

          Yea shares for me is just a higher interest savings which could be lose, I make sure my cc bill always paid.

    • +6 votes

      Do a balance transfer to another credit card with 6 month interest free. Then pay it all off fast.

  • +2 votes

    37, at least 50 (never kept count), 17%, 17, 17, a million hit points and maximum charisma.

    married men can add their wife's age and BMI, married women - carets and length

  • +23 votes

    29 years old, wife and kid.

    CC debt -$20k
    Savings $2k
    House $20k
    Mortgage -$480k
    Car $5k

    Net worth $-473k

    So I'm pretty much boned?

  • +12 votes

    Horrified at all those people with many k of CC debt or are they just putting down the credit limit?

    • +3 votes

      Balance transfer

      • +4 votes

        Yeah I turned my 9% car loan into a 4.3% life of the balance credit card….I don't have a problem with that cc debt even if the bank doesn't like it….it's cheaper than my home loan.

    • +2 votes

      Yea sometimes I get worried about my cc bill but heck, I like to live dangerously

  • +15 votes

    I could live quite comfortably on the interest on what I owe

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