Thread: Money How broke are you?
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Old 06-16-2021, 08:38 AM   #661
ChiTown ChiTown is offline
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Join Date: Aug 2000
Location: Flatlands of Kansas
Quote:
Originally Posted by TribalElder View Post
guessing "On Paper" would mean all assets totaled up to a sum of 1M+
Yep - that's a Net Worth Equation. If you have enough tangible assets that are primarily paid off and very little to no debt, it's not unthinkable that you could accumulate ~$1MM in Net Worth even if you haven't had a lucrative career.
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