Net Worth: You Can Control Your Value in Both Love and Money

Be the captain of your own ship

Financial net worth is one of the things a lot of people have a desire of building, but many have trouble successfully doing so. The concept of assets and liabilities can be intimidating to the common person, but once understood, it can serve as a valuable lesson in helping people reach their financial goals.

Your financial net worth is calculated by subtracting your liabilities from your assets. You WANT to have the total value of your assets to exceed your total liabilities. This means you should strive to build your personal savings, investments and positive equity real estate holdings. You should also aim to reduce the amount of your liabilities. Eliminate credit card debt, outstanding loans along with any other expenditures you have to pay out. Maximize your assets, while minimizing your liabilities is the simple formula for creating a positive net worth.

Likewise, the concept of net worth can apply to those seeking to have successful, healthy relationships. Having a baseline understanding of who you are, what you bring to the table and a willingness to continue working on your weaknesses is instrumental in determining your personal net (self) worth. Unfortunately, like financial net worth, some people struggle to understand how net worth translates to their personal relationships.

Build a positive net worth for the various relationships in your life by starting with YOU! Doing so is a great starting point for creating healthy relationships around you. Becoming a better-educated person, developing your personality, building a healthy self-esteem, improving your compassion and becoming trustworthy are great places to start in adding to your portfolio as a person. You are the common denominator in all of your life relationships, so position yourself as someone with a great starting point. The more you believe in yourself, the more confident you are in embracing good relationships and purging bad ones.

Make it a point today to begin improving your net-worth in both your financial and personal life. You’ll be glad you did!

Kenny Pugh is a Life & Relationship Strategist, Author of ‘Can You Do It Standing Up?’, Speaker, HLN Contributor, sought-after speaker on finances, singleness, relationships and life. He is also the visionary behind KTP Financial, LLC ( You can find more information about Kenny at Also, follow him on Facebook at Kenny Pugh, on Twitter @mrkennypugh and on YouTube at Kenny Pugh.

4 Responses to Net Worth: You Can Control Your Value in Both Love and Money

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  4. datracker says:

    Pugh’s insight’s are correct, financial terms can be intimidating, if fact, finances in general are often debilitating- conjuring unrealistic fears that paralyze us and leave us in a state of inertia. Confronted with irrational fear, oftentimes, the solution is in small incremental steps. Like in, baby steps to overcome our fear, just enough forward momentum to move us past our inertia but not enough to raise red flags and paralyze personal action.

    News Alert! Black Americans invented the first smart checkbook register, a new handheld device that builds off the success of the old checkbook register–tracking. They contend that all change begins with awareness and tracking your money is the first pre-requisite in taking control of your money. From awareness, they believe all effective behaviors for change flow. Money is no exception, if you want to change your financial outcomes then first change your financial awareness—create a financial awareness habit.

    ‘Habitize’ your money, by building money habits that keep you moving toward your goals. See more at

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