Your Self Worth is an Ally to Your Net Worth

Your Self Worth is an Ally to Your Net Worth

“When your self worth goes up, your net worth goes up with it.”

-Mark Victor Hansen

Stress Man


How do you value yourself? Do you value yourself based on your net worth?  You really shouldn’t value yourself this way. Sure, it’s a essential to increase net worth, but money doesn’t necessarily equal happiness.

So…Let me ask you this…Would you rather be poor and content, rich and depressed, or rich and joyful? I know which one you answered — and the first step to achieving this is to improve your self worth.

How to Increase Net Worth

Now, they should go hand in hand, so you should know how to increase your net worth. There are several strategies that you can do to increase your net worth. Basically, you need to do these three things:

  1. Earn money — Increase personal cash flow (create assets).
  2. Invest in investments that can help improve your net worth because of regular increase in your investment’s value — Multiply cash flow.
  3. Minimize or eradicate bad debts.

With these three things, you can slowly but surely increase net worth.

You can Feel Empty even with High Net Worth

A lot of people with high net worth are lonely and depressed because of they choices they make. Sure, their high net worth allows them to enjoy a lot of things, but at the end of the day, they feel empty because of low self worth. Here are things that make people with high net worth feel low:

  • Their employees don’t respect them.
  • Their family members hate them because they don’t get to spend a lot of quality time together.
  • They don’t have any friends. The only friends that they have are free riders.
  • They don’t have any hobbies.
  • They accomplish very little outside of their work.
  • They make poor personal choices.

It’s easy to feel empty with these things happening. People think that money is all they’ll ever need. But they couldn’t be more wrong! It’s imperative to improve self worth to keep improve your net worth.

How to Improve Self Worth

Improving self worth is about improving your self esteem and you can do it by doing these things:

  • Look down deep inside you to see positive qualities and embrace them.

You’re bound to have at least a couple of positive qualities that you can recognize and embrace. That’s part of what makes us unique! You can use these positive qualities as starting points to become a better person.

  • Accept the fact that you are not perfect, because no one’s perfect.

Sure, you have shortcomings, but who doesn’t? You’ll give yourself a huge break by accepting the fact that you’re not perfect. Cut yourself some slack.

With finances and business endeavors, you’re certain to fail at times and make mistakes. You need to positively remember that these mishaps will make you smarter and tenacious! Sometimes, a loss is a win

  • Set realistic expectations.

Apply this tip in everything in your life. For starters, you want to increase net worth. You have to set realistic expectations. Don’t make it crazy like you want to be a multi-millionaire in a few months because chances are, you’ll fail with nothing to show for it. A loss won’t be a win if you’ve set yourself up for failure before you even begin.

This also applies if you’re trying to be a better person. Let’s say that you want to be a better boss. You can’t expect yourself to change overnight. Understand that it’s a process and you need to take baby steps. Becoming a better person is known to help your self esteem.

  • Don’t let other people’s emotions dictate your own emotions too much.

Of course, there are emotions of other people that you really have to respect. Let’s say that your family feels that you’re not spending enough quality time with them. You have to trust them when they say that you need to do better in this aspect.

On the other hand, a lot of people will try to bring you down because of your increasing net worth. Trust your feelings and emotions more. If you feel that you’re doing a good job, but other people are saying that you’re not, trust yourself. This is a good way to improve self worth and gain confidence.

  • Don’t compare yourself with other people.

Yes, it’s good to have a role model or mentor. In fact, you probably have one since you want to increase net worth. However, this doesn’t mean that you should compare yourself with your mentor or other people all the time. Be yourself – everyone has their own story.

  • Be a better version of yourself.

Instead of comparing yourself with other people all the time, just work on being a better version of yourself. Improve self worth by being a better boss so that you’ll enjoy the respect and adulation of your employees. Be better when it comes to time management so you can spend more quality time with your family. Go out and meet new friends by being friendly. Take up a new hobby. Take up new things and excel in them. You can increase your net worth this way, and you’ll improve your self worth in the process.

  • Increase them Together

You have to understand that your self worth is an ally of your net worth. Increasing one doesn’t mean decreasing the other. You can increase net worth and improve self worth together. It all starts with you. You have to make a decision that it’s something that you want to happen. The rest is inevitable.