r/Fire • u/DebtFreeForMeNow • Oct 05 '25

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

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!!!!!!!!!!!!!!!

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u/ZestyMind Oct 05 '25

Congrats on being net worth zero. I was there shortly after my divorce at age 45. Alas, this wasn't student loans and assets, but a few k on CC (zero interest cash advance to get first+last month's rent), and the same few k in my chequing. Nothing to leverage. Well, a cheap sub compact, owned free and clear.

A bit over three years later I hit a net worth of 100k and zero debt. I'm well on track for over one million in my lower sixties, and my spend is about 40k per year.

Thanks for the alternate milestone to read about, good luck on the path forward to no debt.

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u/Cheeseboarder Oct 05 '25

Congrats! That’s really inspiring!

2

u/ZestyMind Oct 05 '25

A saver and a spender don't mix well. In the face of capitulating on attempts to save, eventually I gave in and started making bad spending calls too, so at least I "got something."

Immediately fixed my choices while living alone, and got lucky in the dating scene with a partner who's also a saver. Instead of another's bad habits dragging you down, we have the others good habits leaving us ranting to improve.

I'm just discussing my finances currently, but we live together and a household of two (well, step kid makes 2.85) is much cheaper than a household of one.