HOW DO YOU MEASURE YOUR SELFWORTH?
Opunimi Akinkugbe
Nigerian Ambassador to Greece (2021-2023) Founder Bestman Games, Money Matters with Nimi Author “A-Z of Personal Finance”
HOW DO YOU MEASURE YOUR SELFWORTH?
#Networth is an external measure of how much we are worth in financial terms - your assets minus your liabilities.
#Selfworth is an internal measure of how much one values oneself: the quality of being worthy of esteem or respect.
Have you ever thought of how you measure yourself? Reflect on whether you have measured yourself through your #job, your #money, your position, or your #possessions. Does your self worth come from your job and all its perks, your title, your money, your position in government or in the private sector and the attendant trappings, or your position in society?
WHY IS SELF-WORTH SO IMPORTANT?
How you feel about money can have a significant impact on how you save, spend and plan for your financial future- indeed it affects your overall mental and emotional well-being.
Life is not about accumulating #wealth and possessions, because in the end, you cannot take them away with you. We often feel a false sense of #security by having a large net worth or more wealth than our neighbor. As we have seen in the recent past, net worth and #fortunes can change dramatically; wealth can be transient and all can change in an instant. During periods of economic turmoil and #stock market declines, #investors have lost fortunes; properties worth billions will be worth only a tiny percentage of their “value” if there are no buyers. Wealth is nice to have and can and does bring pleasure but it is important to keep it in perspective. A life of integrity and character is far more sustainable. A strong sense of self worth is the key to true and lasting #fulfillment.