Are you worth more than you earn?
How does your income compare to your wealth? Are you asset rich and cash poor? Do you earn a lot but own nothing? Or are you just badly in debt?
Are you worth more than you earn?
How does your income compare to your wealth? Are you asset rich and cash poor? Do you earn a lot but own nothing? Or are you just badly in debt?
How to work it out:
-
Wealth: Add all assets (savings, shares, home) and subtract debts (mortgage, loans, credit cards). If your debts are bigger than your assets you have negative wealth (and are in debt overall).
-
Income: Total up the amount you earn in a typical year from salary, interest, pension.
Which of these categories do you fit in?
| A. IN DEBT: You owe 21 times your earnings or more. |
|
2% (158 votes) | |
| B. You owe 16 to 20 times your earnings. |
|
0% (32 votes) | |
| C. You owe 11 to 15 times your earnings. |
|
1% (58 votes) | |
| D. You owe 6 to 10 times your earnings. |
|
3% (242 votes) | |
| E. You owe 2.5 to 5 times your earnings. |
|
9% (677 votes) | |
| F. You owe 1 to 2.5 times your earnings. |
|
9% (653 votes) | |
| G. You owe less a year’s earnings. |
|
17% (1268 votes) | |
| H. IN CREDIT: You’re worth less than a year’s earnings. |
|
13% (957 votes) | |
| I. You’re worth 1 to 2.5 times your earnings. |
|
13% (957 votes) | |
| J. You’re worth 2.5 to 5 times your earnings. |
|
14% (1092 votes) | |
| K. You’re worth 6 to 10 times your earnings. |
|
9% (706 votes) | |
| L. You’re worth 11 to 15 times your earnings. |
|
3% (235 votes) | |
| M. You’re worth 16 to 20 times your earnings. |
|
2% (160 votes) | |
| N. You’re worth 21 times your earnings or more. |
|
5% (358 votes) |
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