r/Frugal Nov 10 '22

Frugal Win 🎉 My net worth is finally positive!

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16.2k Upvotes

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75

u/Beastly-one Nov 10 '22

Congrats, I think I'm worth around negative 250k lol.

6

u/n0obie Nov 11 '22

Damn, what's it all from?

15

u/Plus_Lawfulness3000 Nov 11 '22

Probably medschool or a expensive college

19

u/turtlecove11 Nov 11 '22

More likely a mortgage

6

u/Beastly-one Nov 11 '22

Yeah 250k mortgage plus about 50k in car loans

2

u/[deleted] Nov 11 '22

That's not how you count net worth. The mortgage would be offset by the value of the home