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Reply to "Just passed the $1 million mark - how to celebrate?"
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[quote=Anonymous][quote=Anonymous]good job on getting out of debt and all that but you are far form a net worth of $1 million based on the college fund and the heloc. those do not count towards your net worth unless you are not going to spend it on college and keep it and unless you use the heloc for the entire 195 and don't repay it. but hey good job. [/quote] Thanks....I think. I figured that using the college savings is stretching! I don't fully understand your heloc comment though. We don't have a loan against our home equity. It is just the difference between what our house is worth (conservative estimate, I think) and how much we have left on our mortgage.[/quote]
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