Was having this discussion with a friend the other day, and as many of you know, finances have been on my mind recently.
Anyway, when do you think the normal or "average" person achieves a positive net worth. In case that's not clear enough, that's all valuable assets (house, car, investments and savings) minus your debts (mortgage, car loans, other debts etc).
My friend and I had more than a decade between our opinions, which seems wide.
I'm obviously excluding anyone who was born into a wealthy family, although generational wealth transfer is reasonably common, so I don't know how that changes the average.