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Author: PSUEngineer Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308883  
Subject: Re: Poll: Net worth + or - Date: 6/20/2012 2:03 PM
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But I think people can be deep in credit card debt and still have a positive net worth.

There was a good example of this in the early years of this board. There was a poster who was running up his credit card debt while making maximum contributions to his 401k. He was getting ready to declare bankruptcy. He was purposely living this way since retirement accounts are protected under the bankruptcy laws.

PSU
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