Change Your Thinking

I’ve noticed that when most people think about their finances, they think in terms of their income and expenses. They think about how much they make per week or month and therefore that is how much they have to spend. However, the most financially successful people that I know think of their finances in terms of their net worth. (Just a refresher: Your net worth is the difference between your assets and your liabilities.) Even if their net worth is negative, they are constantly thinking about moving that number into the positive column.

There is a mental shift that occurs when you start thinking in terms of net worth instead of income and expenses. Thinking only about your income and e

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2 Responses to Change Your Thinking

  1. Marsha says:

    Great article! Had not thought too much about this until now. I will be looking at finances in a different light now.

  2. ComputerGuy says:

    I couldn’t agree more about your article… We have financial investors that keep us in the black when it comes to our net worth. All very good points!

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