Author Topic: 200k net worth club  (Read 623 times)

patchyfacialhair

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200k net worth club
« on: February 01, 2019, 01:59:43 PM »
Holla at ya boi. We crossed 200k barely when I updated the spreadsheet after paying February's bills. And, I have a bonus set to hit next paycheck too. January was nuts for the market.

Includes retirement accounts for both me and wife, home equity after agent fees and selling costs, and cash on hand.

No debt outside mortgage, and I don't count any other "assets" like cars and furniture and jewelry.

Life is good!
« Last Edit: February 01, 2019, 02:24:36 PM by patchyfacialhair »

AlexMar

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Re: 200k net worth club
« Reply #1 on: February 02, 2019, 05:56:49 AM »
I personally count my cars at their trade in value.  Who is to say I wouldn't sell one and not replace it?

Congrats though.  Keep staching.

patchyfacialhair

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Re: 200k net worth club
« Reply #2 on: February 02, 2019, 07:52:05 AM »
Yeah thatís fair. Both of ours are 03 models with 200 k miles so not with much

AlexMar

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Re: 200k net worth club
« Reply #3 on: February 02, 2019, 11:45:14 AM »
Yeah thatís fair. Both of ours are 03 models with 200 k miles so not with much

Probably right.  I wouldn't bother counting those either.  We have $85k+ in "equity" in the vehicles.  I adjust it down yearly on my Personal Capital account to make sure it stays accurate.  And it's a good reminder about how much money is lost in depreciation, too.