How much is your net worth?

[kikaynpretty]

Two questions:

1. How much are you worth? (savings, assets, etc)
2. How old are you?

For me...
1. 400k
2. 28 years old

[pumpkin13]

I'm worthless. lol! 

Seriously, hindi ko to nakkwenta. Anong klaseng assets yan sis? Wala akong maisip aside from mga maliliit na belongings ko. 

[isnabero]

I think I've read somewhere that to calculate your net worth, you can multiply your age by 10% of your annual income.

[helencons]

Formula: Assets Minus Liabilities = Net Worth

Assets include personal properties, real estate, investments

Liabilities talk about loan debts (personal, house, car or any debt that one has entered into)

[hazedhaze]

^ Hahaha. feeling ko naman corporation ako nito.

Hindi ko pa sya cinocompute dahil wala pa akong masyadong cocomputin. Halos out of college pa lang eh.

[yaskulet]

just computed this morning.

net worth: 183k
age: 26

tsk, ipon pa!

[damen]

My net worth?

Negative 60K

NO savings, no properties, 60K in debt

I'm 29

And I hate my life!

[laviere]

not enough. LOL

i took up further studies pa kasi after college, so i've only worked for about a year and a half. sana lang pataas ang trajectory ng earnings ko

[yaskulet]

hindi ko pala nasama kanina sa computation ko ang aking properties like gadgets, etc. LOL.

so hindi pala ako 183k, higher pa pala. ang problem di ko naman alam how to compute my non-monetary assets.

[yaskulet]

My net worth?

Negative 60K

NO savings, no properties, 60K in debt

I'm 29

And I hate my life!

Sis, don't lose hope. Makakabangon ka din. Meantime, focus on clearing your debt.

Baby steps and you'll get there.

[damen]

Thanks Sis, kasi naman breadwinner din ako, I'm supporting my Family. 70% of what I earn goes to my Mom.

[blush_blush]

Parang ayoko alamin, baka sumama lang loob ko hehe

[yaskulet]

Thanks Sis, kasi naman breadwinner din ako, I'm supporting my Family. 70% of what I earn goes to my Mom.

I understand. Kaya mo yan Sis. Makakaalis ka din sa situation na yan. Ako din ganyan before dami ko utang pero inumpisahan ko tapusin ang mga yun.

It's not too late just be positive.

[betty]

piso?

[pumpkin13]

Thanks Sis, kasi naman breadwinner din ako, I'm supporting my Family. 70% of what I earn goes to my Mom.

Don't lose hope sis. Same tayo, breadwinner din ako. I support my parents in the province and I support myself dito sa manila. Ang hirap nga eh, kasi dalawa ang elec bills, dalawa ang water bills, dalawa ang groceries, kasi meron dun, meron dito. Pero strategy lang siguro. I read a lot dito sa GT. Nakakatulong tong thread na to and yung thread about how to save up tapos nagbabasa din ako about investments, baka makatulong satin.

Kaya natin to! may sacrifice lang talaga na kailangan gawin. 

[pumpkin13]

Naisip ko, wala akong assets na malalaki like own house or cars. Wala din naman ako malaking utang. Ang alam ko ang current liability ko is P950.00. hehe. Syempre I have my bills/rent na fixed naman naccover ng salary ko. then I have a few thousand pesos sa bank. I have some stuff sa house, though, if they could be counted to my assets. Not bad naman pala. ipon pa! 

[clueless]

yung sa liabilities ba, syempre di kasama interest diba? yung amount is the outstanding loan amount?

[betty]

what is the purpose of this thread?

[yaskulet]

i think sis tong thread na to can help the others to be motivated in increasing their net worth.

kasi ako personally, pag nakikita ko testimonials ng mga sisses na nakakaya nila na mag save and invest, na momotivate din ako to do it.

[betty]

it can also help others be a green monster
it can also help others be to be an ideal kidnap victim