What does your balance sheet look like boys?

What does your balance sheet look like boys?

Other urls found in this thread:

en.wikipedia.org/wiki/Stoozing
twitter.com/SFWRedditVideos

i don't have one

Have you read rich dad poor dad? A balance sheet is just basic financial literacy.

Ur condo is worth $120k?

what city are you in, seems kind of inexpensive

College park, Maryland.

>having liabilities

This looks like day1 notes from an into accounting course at community college. Bill and Suzy are not real

...

Hey I'm posting from UMD.

I'd like to balance something in those asses if you know what I mean

And I mean my penis

...

325k value house with 210k owed
40k vehicle with 27k owed
Likely 5-10k of sellable shit plus 15k in 401k
No other debt
Net worth 150k-ish
I'm 30 and I know thats shitty. I own a business and should be doubling my income shortly.

Assets
>House - $400,000
>Stuff in house - $5,000
>Car - $12,000

Total Assets = $417,000

Liabilities
>Mortgage - $25

Total Liabilities = $25

Net worth = $416,975

redit

>I own a business and should be doubling my income shortly.

that's what everyone thinks is going to happen

this.

>tfw you actually keep accounting records in GNUcash

In case anyone is wondering, the NRLFCU CD was a 7% APR, 7 month cd you could fund with a credit card, so I charged it on a 2% cash back card card and then did a BT that was 18 months interest free for a %1 fee

Nice job user. How old are you?

30. Got a relatively late start since my first job was $21k/ year (worked there for 2 years), got laid off and went back to school for 1 year.

>thinks a smartphone is an asset
>thinks a computer is an asset
>doesnt know they will be worth $10 next year

TOP KEK

I don't need a balance sheet. I don't make stupid decisions.

Get the fuck out of Veeky Forums you dumb fucking poor.

Your life is fucking pathetic

IF YOU SERIOUSLY HAVE CREDIT CARD DEBT YOU ARE A MONGOLOID WHO DOES NOT DESERVE TO REPRODUCE

Can you inform this nigga right here why you have 7 bank accounts and 6 credit cards?

All of them had some kind of bonuses at some point. BOA cards were $200 for $500 spend, Fidelity Amex (visa now) is the normal card

The bike, computer and phone are likely valueless.

The car is likely highly over-valued as well.

The condo is probably over valued by the time they take off cost of sale.

They are likely @ $120k in assets.

remember you value these things at liquidation price. You're nipple deep in a solvency crisis and don't even know.

en.wikipedia.org/wiki/Stoozing