What does your balance sheet look like boys?

>>1468471
i don't have one

>>1468475
Have you read rich dad poor dad? A balance sheet is just basic financial literacy.

>>1468505
Ur condo is worth $120k?

what city are you in, seems kind of inexpensive

>>1468517
College park, Maryland.

>having liabilities

>>1468517
This looks like day1 notes from an into accounting course at community college. Bill and Suzy are not real

File: billandsuzycondo1.png (423KB, 966x716px) Image search: [Google]

423KB, 966x716px

>>1468613

>>1468525
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

File: 1453524255847.jpg (195KB, 850x800px) Image search: [Google]

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>>1468640

>>1468471
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.

>>1468471
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

File: 1469639639307.jpg (61KB, 720x738px) Image search: [Google]

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>>1468640
redit

File: 1430620556208.jpg (75KB, 612x458px) Image search: [Google]

75KB, 612x458px

>>1468767
>I own a business and should be doubling my income shortly.

that's what everyone thinks is going to happen

>>1468530
this.

File: BS.png (72KB, 797x459px) Image search: [Google]

72KB, 797x459px

>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

>>1468813
Nice job anon. How old are you?

>>1468818
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.

>>1468471
>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.

>>1468471
Get the fuck out of /biz/ 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

>>1468813
Can you inform this nigga right here why you have 7 bank accounts and 6 credit cards?

>>1468848
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

>>1468471

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.

>>1468847
https://en.wikipedia.org/wiki/Stoozing