Let's discuss our total work experience and net worth ( Savings + Assets) - ( Liabilities + Loans).

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Posting as :
works at
You are currently posting as works at

So I guess this is the end of this thread :)

funny

Will start with myself, 10 Years Work Exp, never been to on site, net worth 2.3 crores.

@OP, you are right that home value is used in calculation, but bear in mind that it also gives a slightly false sense of net worth that it actually is. First of all, is your house fully paid for? Second even if it is, as D1 was saying, you can't really sell the house, and even if you do, you will add a big expense in the form of rent which dents your monthly savings so downstream net earning decreases. Also I am hoping you are taking a haircut on the house validation because even if you try to sell any day suddenly, you will likely not realize the full value.
Net worth calculations are basically for a person's comfort with his current status and how much money can he gather Vs the expenses that he will still have. So be a bit conservative in this calculation.
For reference, you can see how a holding company is valued in the stock market. They take a haircut on market cap because of uncertainty in the holding asset value like various company stocks, buildings etc.

Count net worth in people helped , good deeds and liabilities for the lies said
Money will come and go like the waves in the ocean

Such a spoilsport. If you don't have anything to add, you can just skip commenting. Probably better to start a new bowl for philosophy lessons.

likehelpfulfunny

9 years YOE. Plus 2 years MBA. Networth 2.2 Cr. Primarily due to 2.5 years onsite salary in USD.

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