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What is your net worth per household ?

chootchiew

chootchiew

Alfrescian (Inf)
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For me is sgd800k at mid 40s ;)
Not to hao lian or what, just to findout if I am low, average or high as compared to average sinkies. Be honest to share, it does not mean that low or high means is very intelligent, it depends on many factors for a person net worth. Also no one will know who you are so share please !

Note: you need not share your age lah, some bros want to be forever young, is ok .
 
20128161523578873.jpg


Don't compare....:D:D
 
chootchiew said:
For me is sgd800k at mid 40s ;)
Not to hao lian or what, just to findout if I am low, average or high as compared to average sinkies. Be honest to share, it does not mean that low or high means is very intelligent, it depends on many factors for a person net worth. Also no one will know who you are so share please !

Note: you need not share your age lah, some bros want to be forever young, is ok .
Click to expand...

when you mentioned household, does it include the property staying in?.
If it does not, then you are doing very well.
 
lifeafter41 said:
when you mentioned household, does it include the property staying in?.
If it does not, then you are doing very well.
Click to expand...

Yes inclusive of property and everything and divided by the number of household or dependent.
e.g. if you have a wife with her own net worth, add her net worth and divide by 2. If have 2 non working child, divide by 4 etc
 
AhMeng said:
20128161523578873.jpg


Don't compare....:D:D
Click to expand...

Have to compare in real life, especially sinkieland. Comparison is 1 way to improve oneself.
Also the day we were born, comparison already started. In school we study to get lumbar 1 in class, our results were compared to gain entry to elite schools. At work employer compared resumes.
 
to think that im amongst loser sinkies and they already have a networth of 800k.....really must work harder to get out of this godforsaken island.
 
chootchiew said:
Yes inclusive of property and everything and divided by the number of household or dependent.
e.g. if you have a wife with her own net worth, add her net worth and divide by 2. If have 2 non working child, divide by 4 etc
Click to expand...

Your wife not belong to your household???:confused:
 
Yingge said:
Your wife not belong to your household???:confused:
Click to expand...

Depending on your wife is a net worth or liability in your house lor ! if is a net worth, add hers with yours and divide by 2. If is a liability use yours and divide by 2.
 
chootchiew said:
For me is sgd800k at mid 40s ;)
Not to hao lian or what, just to findout if I am low, average or high as compared to average sinkies. Be honest to share, it does not mean that low or high means is very intelligent, it depends on many factors for a person net worth. Also no one will know who you are so share please !

Note: you need not share your age lah, some bros want to be forever young, is ok .
Click to expand...

Who is the bugger that deduct my points and state "I am worth more than you" ? This is just a confession thread as I stated, no need be so sensitive mah nabei, if you are worth more just state it lah, why hide behind and deduct my points. Even you are worth $10bil you are a fucking loser do you know.
 
chootchiew said:
Yes inclusive of property and everything and divided by the number of household or dependent.
e.g. if you have a wife with her own net worth, add her net worth and divide by 2. If have 2 non working child, divide by 4 etc
Click to expand...

Going by your assumption, I am sure you are well above average.

As in typical Singaporean household, there is hubby/wife, 2 to 4 children, aged parents (eg, husband side only), all staying in 5 roomflat.
Assuming only 2 kids, staying in tampines and has a car.

Will goes like this.

Savings 100k, Insurance 100k, CPF, 100k (After paying off loan)
Property HDB 600k
Car : Depreciating, no value.

Total 900k/6
150k, with 2 kids, if with 4 kids 112.5k

Do you feel better now?.
 
To calculate net worth, you should exclude the value of the property you are staying in. Can only include investment properties.

chootchiew said:
Yes inclusive of property and everything and divided by the number of household or dependent.
e.g. if you have a wife with her own net worth, add her net worth and divide by 2. If have 2 non working child, divide by 4 etc
Click to expand...
 
chootchiew said:
For me is sgd800k at mid 40s ;)
Not to hao lian or what, just to findout if I am low, average or high as compared to average sinkies. Be honest to share, it does not mean that low or high means is very intelligent, it depends on many factors for a person net worth. Also no one will know who you are so share please !

Note: you need not share your age lah, some bros want to be forever young, is ok .
Click to expand...

$800k only har? HaHahahahahHAHAHAHA

More important any financial instruments that will generate perpetual income for life?

If yes, how much generated taking into account 10% inflation rate which Sinkland is famous for.
 
jw5 said:
To calculate net worth, you should exclude the value of the property you are staying in. Can only include investment properties.
Click to expand...

My thought was for staying-in property I should get estimated value minus the outstanding loan. Anytime if I wish to downgrade or move out of sinkieland it is still an amount.

If exclude staying-in property then mine will be greatly reduced alamak , must work harder liao.
 
soIsee said:
$800k only har? HaHahahahahHAHAHAHA

More important any financial instruments that will generate perpetual income for life?

If yes, how much generated taking into account 10% inflation rate which Sinkland is famous for.
Click to expand...

Yes at this point calculation only 800k. Well financial instruments a little only but this is future amount. I'm referring to current.
 
I am less than 5K!

And we are happy because we know God provides!
 
chootchiew said:
Yes at this point calculation only 800k. Well financial instruments a little only but this is future amount. I'm referring to current.
Click to expand...

Future amount?

Uncle, you already late liao.

Things have moved up tremendously and will continue to do so, even kopi not longer cost less than a dollar now.

Only those who had struck it right earlier have chance to go up further unless of course, you are a 'high flyer' right now! LoL
 
soIsee said:
Future amount?

Uncle, you already late liao.

Things have moved up tremendously and will continue to do so, even kopi not longer cost less than a dollar now.

Only those who had struck it right earlier have chance to go up further unless of course, you are a 'high flyer' right now! LoL
Click to expand...

I better go and hide in one corner liao.......
The forummers here......atas.....
 
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