r/SipsTea • • 5d ago

Chugging tea Well, I’m 42, with zero savings. Definitely have less than $900 in my checking.

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u/Top_Lingonberry8037 5d ago

Him actually proud. Last week my net worth just went over $0. Pushing 40 but for the first time I have a networth. It's like $300 dollars but it's not nothing.

8

u/Adventurous_Elk_4039 5d ago

One of the milestones is actually getting to zero. Some people stay in the negative for way, way too long.

1

u/JohnnySpartacus 5d ago

over 40 percent of Americans have a negative net worth. If you have nothing but a quarter you found in your sofa cushions, welcome to the ranks of the evil rich.

1

u/buzzlightyear77777 4d ago

what is negative networth?

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u/Adventurous_Elk_4039 4d ago

When you have more debt than assets

2

u/Redditcadmonkey 5d ago

First big step - Done!   

Now the money you were paying somebody for nothing; pay that to yourself.  

It grows fast.  Just keep going.  

1

u/Disastrous-Forever90 5d ago

Good for you, man. 20-30 years from now, when most of the people in this thread are crying over the fact that they have nothing, you’ll be able to retire in peace.