Wealth File #13 Rich people focus on their net worth. Poor people focus on their working income.

The true measure of wealth is net worth, not working income.

Net worth is the financial value of everything you own. To determine you net worth, add up the value of everything you own, including your cash and investments such as stocks, bonds, real estate, the current value of your business if you own one, the value of your residence, if you own it, and then subtract everything you owe.

Net worth is the ultimate measure of wealth because, if necessary, what you own can eventually be liquidated into cash.

Remember: What you focus expands. "Where attention goes, energy flows and results show."

By tracking your worth, you are focusing on it, and because what you focus on expands, your net worth will expand.

Declaration: "I focus on building my net worth!"
Touch your head and say.. "I have a millionaire mind!"

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