What are you Worth

Most people don’t like answering this question. Yet once in a while, it hits us in the face.

We are asked when we visit the bank to request a loan, when we ask for other forms of credits and when we apply to professional associations and clubs. What is your worth?

Private Mortgage Wealth is not about the integration of your visible and invisible assets, which create your net wealth. The variables included in the determination of net wealth include your job or business status, spiritual health, financial net worth (which this book is about), emotional status, physical health, happiness, knowledge, balance, love, credit, personal outlook and many other attributes. When these are integrated, we have a number called “net wealth”. Even if you flunk your net worth breathalyzers, you cannot score below zero in your net wealth. If you think you did, now you have the opportunity to better your score. Net wealth calculation goes beyond this book, so we are not dwelling on it.

Here, we’ll deal with one of the variables in determining net wealth – net worth – and how you can increase it using private mortgage investing. Do you know what you are worth financially? What about your family’s financial worthiness? Your net worth is a financial snapshot of your financial health – or ill health – at that moment in time. If the picture is taken properly, the snapshot gives a number that represents your financial health. Do you know your number at this moment? You should.

Jeff Opdyke in the Wall Street Journal Complete Personal Financial Guidebook says,

“It forces you to interact with your financial life, keeping you in touch with your money and knowledgeable about where you are on the road to where you think you are going,” if you have decided to go anywhere.