Y
Hacker News
new
|
ask
|
show
|
jobs
by
koolba
479 days ago
What does “in the black” mean at a household level? Total assets minus loan balances being positive?
1 comments
thereticent
479 days ago
Sorry, yes. I was thinking net worth > 0.
link
simonbarker87
479 days ago
Ah, I was wondering too but my reply button was gone, yes I would say we’ll be net > 0 around the same time as you age wise. If we hadn’t had to renovate a 60s property we’d possibly be there already but UK housing stock needs work sadly.
link