Earlier I have talked about your net worth and about your liquid net worth. After writing that post I realized something. It’s a truth that you probably don’t want to hear.
Some of you are letting your self-worth affect your net worth.
A while ago I wrote an article about Money and Confidence as A Way To Living Your Best Life. It talks about how my low confidence was affecting my spending habits, in order to let people like me.
That period I had an extremely low net worth – I was over $25,000 in student debt. After I’ve realized that people like me for me, not for how much money I have, my spending habits changed dramatically. This resulted in my net worth going up slowly but surely.
When I finished studying my net worth was only $10,000 negative instead of $25,000.
Progress over perfection right?
For most people, it’s our nature to want to be liked and accepted. What is also in our nature is comparing yourself to others. What’s easiest to compare? Things you can objectively measure. Things like houses, cars, and salary. That’s our measurement nowadays of who is living a valuable life.
What did we do? We tied self-worth to net-worth, resulting in judging the value of our lives based on how much we own.
Your Net-Worth Is Not Your Self-Worth
When we change our thinking around the link between net-worth and self-worth, we can free ourselves and pursue a life that doesn’t revolve around what you make or what you own.
How Can I Do This?
Realize That Time Is Your Most Valuable Resource
Money is not the most valuable thing in the world, time is.
When you are giving away your time to a person, you will be of most value to them.
If you’re having friends or family that only give you nice gifts but never spend time with you, will you still consider having a good connection with them? Probably not.
Make a habit out of giving away time to others. Build connection. Be real.
Focus On Things Unrelated To Money
Building further on the previous point, you need to focus on things unrelated to money.
What things are unrelated to money, that make you feel good?
Write those moments down. You want to associate your self-worth with those types of experiences.
If you have a hard time thinking of something, think about what your ideal day looks like. What would you do when you would be retired?
You Are Unique
Also, realize that you are different from everybody else and that’s exactly what’s making you valuable.
Be proud to be you and be comfortable with yourself. Try to say true to yourself and don’t behave differently around different people.
Don’t try to hide. You are unique in the most amazing way!
Embrace Your Imperfections
When you realize that you’re unique, you should also embrace your imperfections.
No one on this entire planet is perfect. Everyone has struggles, challenges, and imperfections.
When you accept your imperfections and step into your true power, you can interact with people on a whole new level!
Know Yourself
Once you’ve realized what the things are that make you feel valuable and unique, create more of this in your life.
When you get to know yourself and what makes you live your best life, stick to that.
My happy place is writing, I love doing it even though I know I am not perfect and it takes a lot of time.
Why do I keep at it? Because it brings so many other things to my life like fulfillment and joy.
Pursue New Challenges
Find things that you like doing and do more of that.
There will be dozens of challenges coming your way. Don’t back down from them.
Feel the fear and do it anyway.
Live with the expectation that you will do great things because you will!
If you need more motivation, see my 11 motivational money quotes here.
Surround Yourself With Like-Minded People
Once you adapted your new money beliefs, it’s important to surround yourself with people who have this new mindset as well.
It means choosing to be around people who have the same values and beliefs as you do, people who support you, and people who cheer for you. You want to discuss your money-related things with them as well!
If you currently have people in your life that are not like you, that’s okay. Say no to your friends that you feel like you’re seeing enough, and make space for people you want to hang out with.
Create A Money Mantra
I’m a big fan of affirmations. Every morning I get up at 6 am and do my money affirmations. You want to know which one I’m using, you can read my 88 affirmations to attract wealth and abundance here!
Note that it’s still important to celebrate your successes, monetary and non-monetary.
Remember, that your true self-worth is not affected by your net-worth, it’s up to you to decide what your self-worth is. Start increasing it today!
Did you let your self-worth affect your net worth in the past?
This article was published and syndicated by Radical FIRE.
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Previously Published on radicalfire.com and is republished on Medium.
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