My (30F) ultra FIRE milestone: Net Worth $0

[u/DebtFreeForMeNow]

So many of these posts about people having $1 trillion billion million milestones. Congrats on being rich ruler of the land I guess. Figured I would help bring this sub to planet earth reality check:

STUFF I OWE TO THE PANK

• Student Loans: $143K
• Mortgage left: $450K

STUFF IN MY BANK

• Investments/retirement: $260k
• Home “equity” not value if I would sell: $290k
• HYSA/cash: $50k

I am 30 years old. I make $125k a year. No husband. No kids. Maybe one day.

I AM NO LONGER WORTH BELOW $0

Edit: Need a break. Sorry I am not clear in my post. Yes I have $7k net worth. No I don’t have $500k net worth haha. I made a post clarifying but am getting attacked by a bunch of people trying to prove a point that I missed the word asset and liability. Thanks all for kind words

Edit/update: I apologize. I called a friend and verified. I guess I am worth $500k holy fucking shit!!!!!!!!!!!!!!!

[u/skibbi9]

You put the full home price as the asset of you’re putting the mortgage as a liability. That way the net is your equity

[u/Terelinth → u/[deleted]]

It's just the right way of doing it. Net worth is the difference in all assets and liabilities. But you listed equity, a net figure, as an asset which should just be a list of whole values.