What is your net worth at 24 years old and what does it consist of? (E.g. 10k in CPF OA, 20k bank savings etc.).?

$0. I just paid back my student loan of $27,900 after 2 years.

20 in 4 months. 30k Net worth, have 12k in Savings + Investments and cards. And about 18k in CPF. And yes, I do consider CPF as a part of my net worth.

CPF OA is useful if you want to capitalize on your public housing rights. If not, it does not really serve any short term use. That begs the question if you view your house as an asset. Something which I will only consider if I have the full right to rent and generate passive income in cash, as opposed to the 2.5% interest given. This cannot be taken out of CPF if you have yet to hit the withdrawal age or sum. I do not contribute to CPF monies apart from my Medisave as it is a legal obligation as a self-employed person. The limitation of withdrawal is something that I am not comfortable with.

I had about 6 figures when I was 24, something which was gotten through investment decisions in 2011 as well as work and savings over the first few years of my 20s.

Follow me here.

Some may consider CPF as part of their networth and some do not. Some consider it as "bonds" in their investment for retirement.

Since there are limited choices we can use our CPF, it really depends on each individual.

Using CPF can help to offset your housing loans or in fact pay it fully but always remember there is accrued interest to be repaid later when selling the HDB flat. That's one reason why there are people who pays their housing loans with half CPF and half cash.

If you think you can grow your cash faster than the accrued interest, you can consider doing full CPF payments for your housing loan and hence consider it as part of your networth.

It's the same as the question whether one views their housing as an asset or not too, including it into their net worth. Or simplify things by taking it out of the equation since it's a need.