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What does “in the black” mean at a household level? Total assets minus loan balances being positive?
by koolba 2y ago
What does “in the black” mean at a household level? Total assets minus loan balances being positive?
- thereticent 2y agoSorry, yes. I was thinking net worth > 0.
- simonbarker87 2y agoAh, 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.