💸 millionaireME Minute: Your Net Worth Is Your Personal Balance Sheet

Quick question…Do you know your net worth?

Not your income.

Not your credit score.

Your net worth.

A net worth statement is a one-page snapshot of your financial life.

On the left: what you own

– cash

– investments

– home

– business interests

On the right: what you owe

– mortgage

– car loans

– student loans

– credit cards

The difference?

That’s your financial altitude.

👉 Net Worth = Assets − Liabilities

Here’s the mindset shift most people miss:

Paying off debt grows your net worth the same way investing does.

Let me say that again:

Paying off debt grows your net worth the same way investing does.

And no—your net worth is not a moral judgment.

It’s a baseline. A starting line. A GPS coordinate.

If you don’t measure it, you can’t improve it.

If you track it monthly, you start making better decisions automatically.

Better question than “What’s my net worth?”

What one decision—repeated monthly—would most improve this number over the next the month? The next quarter? The next year?

That’s how wealth actually gets built.

Measure it.

Respect it.

Move it—on purpose.

Follow millionaireME for more wealth wisdom.

#millionaireMEMinute #KnowYourNumber #WealthIsBuilt #UnleashYourInnerTBA

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