Wednesday, June 20, 2007

Secrets of the Millionaire Mind - PART II - The Wealth Files #13

Rich people focus on their net worth. Poor people focus on their working income.

- The true measure of wealth is net worth, not working income.

- To determine your net worth, add up the value of everything you won, subtract everything you owe.

(Income, Savings, Investments, Simplification)

- By tracking your net worth, you are focusing on it, and because what you focus on expands, your net worth will expand.

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