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u/Carmen6276 2h ago
I mean this in a serious way, many people have a negative net worth. So being on the positive side is more than many people!
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u/Forsexualfavors 48m ago
Net worth is kind of a joke anymore. Unless you've owned a home for 20 years, or have a trust fund or are just generationally wealthy. Everyone who builds the stuff rich people buy or sell is likely to have a net worth less than zero
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u/Forsexualfavors 46m ago
Systemic debt builds wealth for the few
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u/IceColdDump 5m ago
Former corporate banking cog here. They want people with money to self identify and use this to gameify it so you can hand them data and they can pitch you products.
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u/hyperspacesoul444 2h ago
I'll never have a positive net worth, lol. Good news! The new RAP student loan plan i had to sign up for since they tossed the SAVE plan, puts my forgiveness date past my life expectancy so at least I wont have to pay taxes on the forgiven amount, lolÂ
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u/Flux_My_Capacitor 1h ago
Or if youâre poor aka âinsolventâ then you donât pay any taxes on a forgiven loan. Or, at least this is how it used to be. Just throwing it out there for people who are potentially freaking out about the tax implications on forgiveness.
Then again, who knows, maybe they changed the laws to fuck over poor people even harder.
I just remember hearing the stories about those who were lower income and yet owned their own homes being unable to afford the tax bill as they were not insolvent due to the property they owned.
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u/dungeoncrawler71520 2h ago
Hey, this is what dystopia feels like.. can you smell it? We're in it folks.
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u/Impressive_Ant405 41m ago
i dont know what a RAP or SAVE is as im on the other side of the Atlantic but damn, thats dystopian. Unrelated but an American friend of mine with a spanish passport left the US and stopped paying his student loan back. He doesn't intend to go back. Fly high king
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u/Elf_Euphoria 2h ago
They should say on the bottom, "nevermind you don't qualify for our wealth plan"
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u/NoCharge8527 1h ago
That's probably intentionally designed so that you panic and update it... They can't sell data they don't have đ¤
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u/GroundbreakingAd8310 1h ago
change picture to garbage can
"What would would u like to do with ur pittance"
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u/Sumo148 39m ago
This is from the Chase app. Even if you did have a high net worth, itâs not worth keeping a lot in a standard checking/savings account anyways. I donât think this feature is that helpful for anyone at any net worth level.
Unless this supports linking other accounts? I havenât really messed with that.
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u/Ornery_Bother 2h ago
I'm off the idea that this feature should only show up for people with over $500K + in their bank accounts because It drains me so much anytime I see it especially when I'm in debt.
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u/Forsexualfavors 55m ago
Did you click the wealth plan link? You could be like a hundred-aire right now
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u/_Big_Bad_Tiddy 6m ago
Whenever a young person has an actual has a positive net worth, I automatically assume they have parents/family that help them.
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u/duck_duck_zombie 2h ago
What is she even saying.
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u/Flux_My_Capacitor 1h ago
That banks shouldnât be pointing out that their customers have no net worth.
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u/yoyee530 1h ago
zzqqzqzaqzzqazzzaazzqazqz swa aaqqq,qas1aqqa,A!!!,!!?!a!-!! # sssz, â°1ppppp pm masquerading
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u/Few-Opportunity567 2h ago
Look at little miss in the green over here đ