Net worth, How Do You Stand?

Restored from the Empower Network archive (2011–2017), lightly edited to meet our current advertising standards. Views are the original author’s.

Net worth, How Do You Stand?

When it comes to Net worth here’s what we know, sticking your head in the sand and ignoring your financial reality wil cost you money.If you want to not only survive, but to thrive, you have to  start by taking inventory of your  financial health.Knowing where you are financially and where you want to go is very important, because if you dont know where you are how will you get to where you want to go? Having a full break down of your income, expenses and your debts weather good or bad is very important when figuring what your net worth really is.You can use this information  to create a financial plan that takes maximun advantage of the condition of your current  net worth and you can begin to move towards your financial goals and have the net worth that you want.

Calculating Your  Net Worth

Planning your financial life with out knowing your net worth is like trying to find your way into  unknown territory with an out of date map.even if you start taking purposeful steps in one direction, you aren’t likely to end up where you want to be if you dont know exactly where you are  at the moment and where you need to head to.Calculating your network shows you exactly where you stand financially.Your net worth is the total value of your liquid assets,cash, stock bonds, the value of your home and any personal property  you could sell relatively quickly.Things such as cars, jewelry,coins, collector items minus the value of the money/currency you owe, notably car loans, mortgages,home equity loans,furniture loans u get the point any type of bad debt you may have will give you a break down of your true net worth.So virtually your debt to asset ratio.Now keep in mind,you may think your car or your home is an asset but in reality they are not. You car for instance depreciates in value over time quickly at that.When you do all this crazy math you’ll have an idea of exactly what your net worth is, you can begin to work your plan and get to your goal net worth.

 Your Financial Genius For Your Net Worth

The reason why most people dont become wealthy is because of how they think, their subconscious brain isn’t wired correctly.For example, let’s say you studied real estate and know exactly what to do via your conscious brain, your subconscious brain may take control and say something like ” are you sure you want to do this?” or something negative to talk you out of what you really know you should do.the emotion of fea is causing the subconscious brain to work against the desires of your conscious brain.So to develop your financial genius for your the net worth you desire, it’s important to first know how to get both your conscious and subconscious brain to work in harmony instead against each other.

What Controls your Financial Genius How This Affects Your Net Worth

From a logical point, if you where to ask someone if they want to be rich, of course they will say yes, i really want to be rich.This is their left brain talking, the logical side.The problem  is not found in the left logical side of the brain.The problem is in the subconscious brain saying ” no not you , you’ll never be wealth your net worth will always be negative” or ” how can you have a higher net worth when you owe so much?”. In most cases its the fearful side of the brain the subconscious side of the brain that talks them out of what their desire to increase their financial statement and improve their net worth.In many  ways the subconscious  brain controls your life. regardless  if you are smart or not so smart. for moset people when ti comes to money there is a battle of the brains going on inside of them it is the conflict that causes many people to live below their means when i reality they want to improve their life style and increase their net worth.Isn’t  it amazing how many people  who are well educated but are addicted to being poor? there’s something in their brain brain that keeps them with a negative net worth.Instead they turn everything they touch into gold, they turn everything they touch into lead. Ask your self what stinking thinking is keeping you from increasing your net worth? Find out how you can reprogram your subconscious mind, maybe by listening to motivational recordings, reading positive information and keeping out the bad news and only pouring nothing but value into your mind, try it for 21 days and see how things improve in your life and how your net worth will begin to increase.

You Deserve to live life and not work for a living, remember hard work doesn’t equal more money and hard work doesn’t equal success.

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