Wednesday 8 July 2020

What is your net worth....

ASA-G BLOG: Stop Thinking: Your Self-Worth Is Not Your Net Worth 

Written by: Elusanmi Kolade.

It is apparent that everyone’s relationship with money is unique, however, it is noteworthy to for all to agree that money does give the ability to have choices and flexibility in your career and life.

Like quitting a job you hate, paying for life conveniences like Uber, or investing in a home to call your own. Nevertheless, money is great,  but it’s also a tool of stress, relationship break up, and tends to remove options from if you can’t afford something. 
However to some many, your income amount might be in commensuration of your self-worth. If you have a high salary, you might think it also means you have a higher status. And if your salary is lower than someone in your circle (like a spouse), you might think you need to make up in other ways because you feel insecure. Irrespective of where your income level stands, I know for certain that you’re building a really rickety foundation for life when you intertwine your identity with your compensation.

But this isn’t all on you. The link between salary and feelings of success may be hard-wired in you thanks to being asked to “know your worth” or “ask for your worth” in salary negotiation tips and techniques. Or the constant ability to compare what you have to random people ostentating their wealth on the internet. Or, lastly, the belief that if you had more money, you’d be happier. But, do not forget the saying: “Even the rich cry”.

Sequel to this, I would implore us all to rid off this inferior thought, language, and module. Not only is connecting your self-worth to your net worth a losing game, but it also throws a huge blow onto your self-esteem. 
If these feelings sound familiar, it is high time you tweaked your mindset, so as to not get encapsulated in an unhealthy habit that can cost you frizzling off in life like a chaff. 

Steps To Achieve A Healthy Self-worth

1). Reach out to examples in your life that are not related to money, but makes you feel good about yourself. Share those moments with friends, family, and even write them down. The goal is to start associating your self-worth with feelings and experiences that deserve it.
2). Once you identify a theme in the activities that support your new mindset, create more evidence of those activities. For example, if volunteering your time helps you shift your mindset, seek out for more volunteer opportunities.
3). Spend time with people whose views on money are different and support your new mindset. Ditch the friends that always talk about how much money they make.
4). Create a healthy money phrase for yourself, like “My self-worth does not equal my net worth.”
Conclusively, shifting your mindset will not be easy, but in the long-term, your mental, physical, and emotional health will immensely thank you.:

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