In response to the 24yr old 100k net worth post, anyone else in their mid 20s with a -50k net worth?

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24, -$30K net worth. That post hurt

likeuplifting

Same brotha

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At 26 I had $5 to my name and a newborn

likeuplifting
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29 with 80k net worth.... but I had a negative nw until like last year

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Bonus, promotion, portfolio grew...

I’m 24 and have -60k net worth making 95k now lol

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23 yrs old, 70k net worth, making 67k a year

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Graduated when I was 21

Is 401K included in the net worth?

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Of course!

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With the income most of us have and can grow to in consulting you can change your situation pretty quickly. Went from slightly negative NW to just crossing the $1M mark in ~8 yrs

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Yes includes spouse, their earnings have offset grad school and started being accretive this year, have one toddler which has increased our spending by about 50% overall but we have otherwise kept living within the same means as when spouse was in school and we were getting by on entry level salary

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25 paid off my student loans last year and up to $30k NW. It'll feel good to max 401k/IRA/HSA this year

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24 and @ $85k net worth

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24 @ 30k.
Finished paying my school loans during school, and don't have any other debt. Probably buying a car soon so that will change

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24 and $58k. Was fortunate enough to not have any student loans when I graduated and have just been saving as much as I can.

I don't envy those of you with student loans. Our higher education system is SO broken...

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25 - 75k all in with 401k, savings, ESPP, etc. I know people with much much higher my age

30 with $150k in student loans and a $350k mortgage. It’s not so bad.

300k at 36. migrated 4 yrs ago

30 and -500k if I count both my husband and my student loans 😭

24. I have 52k in student debt. like $100 in my 401k (literally just signed up), $200 in a stock, and about $1000 in my checking account. Making 72,500/yr. what’s my net worth?

100+200+1000-52000
Please tell me you’re not an accountant...

likefunny

More like -120k

Anyone with a mid thirties negative net worth?
34 and -$50k!

Yes

Are people including their assets in their networth? Or just summing cash in the bank, stocks/bonds, and 401k?

Assets including equity in a business or real estate are generally included

This game changes so much for people with mortgages in expensive areas.

I graduated from business school in 2008 (worst time ever) when I was 28 years old and at the time my net worth was approx -$50K. It took me exactly 10 years to cross the $1M mark. It’s all about upside potential, what you are worth now is almost irrelevant

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