How much are you worth?
Have you ever thought about how much money you was actually worth? What if you sold all your stocks and bonds, took out all the money in your bank accounts and sold your home and everything in it, how much money would you have? I guess you would also have to sell your cars, land and cash in those life insurance policies; to see how much you’re actually worth. I have always wondered just how much money I could come up with if times got hard. Oh wait, I already did that and times are hard now, so I pretty much know my worth. I wouldn’t be worth much more than a good used car right now. So I’m not the best example here.
For those of you that are doing a little better than me; how much do you think you’re worth? I think most would be surprised what they would learn if they sold everything they owned and turned it into one cash figure. Some might be surprised they are worth more than they thought, but I think many folks would see they have far less than what they imagined. Those clothes you’re wearing and the car you’re driving now would probably bring you less money than what you paid for them. Most things would be worth less than what you originally paid for them. Your home and land might see an increase, along with your investments that you might own. The bottom line is that most things we buy today go down in value once we own them or they become used in our possession. So a key to getting ahead in life and being more financially secured is learning how to buy more things that will go up in value and not down. So if we ever do need to sell everything we own, we can make a profit on our selves!
