What’s your net worth?
How devoted are you in improving your net worth? Do you constantly seek means and ways to increase you financial footing? If this isn’t in you radar, you’re missing a massive ingredient in your quest to grasp your 1st million. (I’m talking as if I’m already one.. haha!)
To the rest of the population, well done! You’re on track! Long journey to the millionnaire planet must begin somewhere. Let’s start by discovering our financial strength. Where we stand, is crucial in determining our next destination. So why not treat yourself a financial health checking. Various sites on the net provides free net worth calculator. You can get one here. (courtesy maybank for their easy-to-use tool)
In general rule, our personal net worth could be obtained through one simple equation: assets minus liabilities. In a lay man term, it’s the difference between what we own and what we owe. That’ll give the idea of how much do we actually worth. Could it be 2 cents? Yes it could!! (Just my 2 cents.. haha!).
If you’ve done this before, why not consider giving another attempt. The result might not be the same. It could be better, hopefully, if not worse. All very much depends on your lifestyle and your idea about money. Check & balance need to be done once in a while, right? It’s for your own good after all. I did this once every quarter as adviced by Robert Kiyosaki.
knowing your net worth is not the end, it’s just the beginning..
Comments
4 Comments on What’s your net worth?
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cyza on
Mon, 1st Dec 2008 12:16 am
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budeen on
Mon, 1st Dec 2008 12:36 am
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Norhafidz on
Mon, 1st Dec 2008 6:32 am
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budeen on
Mon, 1st Dec 2008 8:39 am
- I read a lot of kiyosaki
- but the most important thing is to get more money and get rid of all the bad debts.
- Trying to do that online.
“how much you save is more important than how much earn..” that’s the key!! ![]()
keep up your good online job!!
RDPD is one of my fav. books, Kiyosaki made me realize how important financial education is. My net worth? I can say not much but I’m generating it gradually.
RDPD is definitely one of the best.. an eye opener!!
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