What is your debt to asset ratio?

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Current Events » What is your debt to asset ratio?
red_is_ash
08/19/2023
06:20 AM
#1
To get this, take your total debts and divide that by your total assets. Mine is 59%.
The world is a vampire.
CE_gonna_CE
08/19/2023
06:23 AM
#2
About 46% currently
"Creed made better Pearl Jam music than Pearl Jam did" - shockthemonkey
Tenlaar
08/19/2023
06:24 AM
#3
I have zero debt.
Questionmarktarius
08/19/2023
06:27 AM
#4
89%

I got house, car, and student loans, and could zero out two of them tonight.
Which two?
ai123
08/19/2023
06:27 AM
#5
No debt.

Thank fuck.
You'll see motivational pictures about working hundred hour weeks/Well, it only applies to those who are operating at a really basic level
CE_gonna_CE
08/19/2023
06:27 AM
#6
Questionmarktarius posted...
89%

I got house, car, and student loans, and could zero out two of them tonight.
Which two?
What has the highest interest rates?
"Creed made better Pearl Jam music than Pearl Jam did" - shockthemonkey
Questionmarktarius
08/19/2023
06:29 AM
#7
CE_gonna_CE posted...
What has the highest interest rates?
Student loans, somehow

House is 1.2%, car is 5%. Fucking student loans are 6.5%
I could do it all at once if I liquidated my 401k
Giacomo_Hawkins
08/19/2023
06:39 AM
#8
200k left on the mortgage of a house bought for 400k in 2019, which puts it near 50 percent. More like 40 percent if zillow's estimate of current house value is to be believed.
Will the little voice in the back of my mind screaming "This is a bad idea" please yield the floor. --Mikey
Chivalry be hanged, and so will you.
Questionmarktarius
08/19/2023
06:47 AM
#9
Giacomo_Hawkins posted...
More like 40 percent if zillow's estimate of current house value is to be believed.
Were Zillow to be believed, I could sell my house for four times what I paid for it.
That's probably why my property tax is fucked.
Questionmarktarius
08/19/2023
07:03 AM
#10
I'm half-assing the student loans because Trump and Biden both strung a carrot.

Mortgage is about $560, and I'm paying $400 a month on a $260 car payment.
Glob
08/19/2023
07:08 AM
#11
No debt except for student debt which I will never pay off. I dont pay anything for it and never have.

No sizeable assets aside from a lot of cash.
Giacomo_Hawkins
08/19/2023
07:52 AM
#12
Questionmarktarius posted...
Were Zillow to be believed, I could sell my house for four times what I paid for it.
That's probably why my property tax is fucked.

Hence my incredulity.
Will the little voice in the back of my mind screaming "This is a bad idea" please yield the floor. --Mikey
Chivalry be hanged, and so will you.
Pitlord_Special
08/19/2023
08:01 AM
#13
About 34%

Just have a mortgage of around 150k on a home worth about 350k and 10k left on my car loan

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tankboy
08/19/2023
08:04 AM
#14
16%
Questionmarktarius
08/19/2023
08:06 AM
#15
Did I do the math wrong?
maybe $50k in debts.
$45K I can l easily liquidate.
Cuticrusader09
08/19/2023
09:07 AM
#16
No debt, house is paid off (thanks bitcoin).
EndOfDiscOne
08/19/2023
09:15 AM
#17
About 12%. Have about 90k left on my mortgage.
I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED!
Freddie_Mercury
08/19/2023
12:01 PM
#18
0:0
just another freak in the freak kingdom
archizzy
08/19/2023
12:08 PM
#19
No debt. Mortgage is paid off, no vehicle payment, no other debts. I pay for everything in cash and always have except my mortgage and one vehicle one time.

The only bills I have is normal monthly stuff like utilities, cable/Internet, water/garbage, and then just food and gas. Then once a year I have property taxes and insurance for house/vehicle and registration on vehicle.

I actually live pretty damn cheap these days as I rarely spend money outside my required monthly bills and I only need about $1,500 a month to cover all of them.
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KaZooo
08/19/2023
12:36 PM
#20
archizzy posted...
No debt. Mortgage is paid off, no vehicle payment, no other debts. I pay for everything in cash and always have except my mortgage and one vehicle one time.

The only bills I have is normal monthly stuff like utilities, cable/Internet, water/garbage, and then just food and gas. Then once a year I have property taxes and insurance for house/vehicle and registration on vehicle.

I actually live pretty damn cheap these days as I rarely spend money outside my required monthly bills and I only need about $1,500 a month to cover all of them.
Dang you made it
Competing every night, both ends, shoot inside/outside, fast break, transition, Monta Ellis have it all
Gamingsince1989
08/19/2023
12:46 PM
#21
I don't have any debt. My house, both vehicles and student loans are paid off.
[deleted]
08/19/2023
10:01 AM
#22
[deleted]
pretzelcoatl
08/19/2023
12:46 PM
#23
Questionmarktarius posted...
Student loans, somehow

House is 1.2%, car is 5%. Fucking student loans are 6.5%
I could do it all at once if I liquidated my 401k
Nice rate on your house
Solid_Snake07
08/19/2023
12:50 PM
#24
probably around 15%. the only debt I have is my mortgage.
"People incapable of guilt usually do have a good time"
-Detective Rust Cohle
Takuya_Lee
08/19/2023
12:51 PM
#25
0. 0 divided by any is 0 by definition.
Narutaki was right. This is all Decade's fault.
Xenogears15
08/19/2023
12:52 PM
#26
2%
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PMarth2002
08/19/2023
12:59 PM
#27
I'm not actually sure what I owe on student loans come to think of it. Gonna be significantly higher than what I have.

2000-4000%?
When money talks for the very last time, and nobody walks a step behind
When there's only one race, and that's mankind, then we shall be free
viewmaster_pi
08/19/2023
01:04 PM
#28
debt 'set radio
The stone that fell is still falling,
so let that stone be a wondrous thing
YoBlazer
08/19/2023
01:12 PM
#29
About 20%

74k mortgage (no other debt) divided by approx 380k total assets
Burnin, Blazin
Robot2600
08/19/2023
01:18 PM
#30
0 debt
---
kingdrake2
08/19/2023
01:20 PM
#31
0 debt yet

it was all going good until now...

facing down what it'll cost to do tests so my dog can continue to use carprofen for her arthiritis. there's alternatives but i don't want to use the natural shit unless i have to (i don't accept what these snake oil peddler swindlers say)

currently she's 12. making it to 13 if she can last through december.
beware of sonic
PraetorXyn
08/19/2023
01:26 PM
#32
I dont have any debt, but the government fucked up in 2012 and are trying to pile a $49,888.50 debt on me (and now transferred to my mother, but Id have to pay it anyway), and weve filed forms to appeal / request it be waived since its all their fault and we cant afford to pay it back, so if they decide against us, the ratio would be something like 40.3% if you include my retirement investments.
Console war in a nutshell:
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BewmHedshot
08/19/2023
01:27 PM
#33
Hmmm about 4 or 5% probably.
gu-gohan
08/19/2023
01:36 PM
#34
Most people in Switzerland, who weren't born rich, never own property. I don't either. But it's not that bad. Owning a house isn't considered a huge status symbol here (unlike in the US).
I rent a beautiful apartment, have a good job, zero debt, and at age 37 I already saved over CHF 150k for pension (on top of the CHF 2300.- that I automatically get monthly when I retire until I die). I can look forward to have a good living.
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Current Events » What is your debt to asset ratio?