Self worth and net worth
These two terms are integral to every piece I’ve written here, and every piece I ever will, but what, exactly, are they?
These two terms are integral to every piece I’ve written here, and every piece I ever will.
But what, exactly, are they? How should we think about them? How should we measure them, if we should measure them at all?
The first thing to say is that in standard definition, these two concepts, your self worth and your net worth, are separate and distinct.
Self worth is how you think about yourself, how much you value yourself. It is an intrinsic measure. It exists within your body and within your mind.
Net worth — for all the self-starters among us, anyway; we’re not talking significant intergenerational wealth in these pages and posts — is how much the world and its markets have valued your contribution. It is an extrinsic measure. It exists in spreadsheets, bank accounts, asset lists.
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