Artwork for podcast Be Well, Do Well.
On Self Worth Versus Net Worth
Episode 1715th September 2022 • Be Well, Do Well. • Amin Ahmed
00:00:00 00:04:34

Share Episode

Shownotes

Our society has become so consumed by collecting things that we've lost our sense of self worth and confused it with net worth.

On this episode I discuss some of the reasons why this happens and a new way to look at self worth.

Transcripts

Speaker:

Defining the value of something can often be a difficult thing to accomplish.

Speaker:

Let's say you're looking at a house that's around 2000 square feet that

Speaker:

could be worth different amounts based on if you're in one location

Speaker:

versus another., you might be in the middle of Canada and the prairies,

Speaker:

and it might be a lot cheaper than if you're on the coast near the ocean.

Speaker:

Eating at an expensive restaurant that serves tiny portions of handcrafted

Speaker:

culinary treats may not be worth much to someone that's used to eating at an all.

Speaker:

You can eat buffet and paying 99 cents for an app may sound really

Speaker:

expensive if you're used to all the free alternatives out there, even if it

Speaker:

saves you hours a day in productivity.

Speaker:

So value is clearly relative.

Speaker:

The problem is when it comes to defining your self worth, we default usually

Speaker:

to comparing it to our net worth.

Speaker:

In this episode, we're gonna be exploring how to detach your

Speaker:

self worth from your net worth.

Speaker:

I'm Amin Ahmed, and welcome to be well do well.

Speaker:

before we can explore how to detach our self-worth from our net worth.

Speaker:

Let's actually define what net worth is according to investopedia.com.

Speaker:

Your net worth is the value of your assets minus the liabilities that you own.

Speaker:

So jewelry, art, your cars, houses, these are all assets that you own.

Speaker:

Mortgages credit card debt would all count as your liabilities.

Speaker:

When we look at your net worth, it all comes down to the

Speaker:

material, things that you own.

Speaker:

Now you can probably see where I'm going with this self worth is so much more than

Speaker:

just the material things that you own.

Speaker:

In psychology, self-worth lies at the very core of who we are.

Speaker:

It defines our thoughts, our feelings, and our behaviors self-worth itself is a

Speaker:

really tricky concept to grasp as there's so many different interpretations of

Speaker:

how to determine this intangible idea that we put on ourselves as self-worth.

Speaker:

Common measures.

Speaker:

Like I mentioned earlier, the things that you own that we use to determine

Speaker:

our self worth could also include your physical appearance, who, you know,

Speaker:

what you do for a living and so forth.

Speaker:

all of these are dependent on external factors.

Speaker:

If your house burns down or you lose your job, would your self worth then decrease?

Speaker:

There's gotta be a better.

Speaker:

The key to understanding self-worth is really in self-awareness knowing

Speaker:

yourself who you are and who you want to be is one of the most important factors

Speaker:

in understanding your own worthiness.

Speaker:

When you can accept who you are at this moment in time, acknowledging

Speaker:

all your strengths, all of your weaknesses, and you start to see the

Speaker:

full potential of who you really are.

Speaker:

This is our self worth is actually born.

Speaker:

I've mentioned in many episodes before that we have a planner it's called a be

Speaker:

well do well planner and we take this concept of self worth very seriously.

Speaker:

We implemented it and designed it right into the planner itself.

Speaker:

You start your day by writing down what you envision your

Speaker:

future life to look like in six.

Speaker:

This is specifically designed to tap into that hidden potential.

Speaker:

As I just mentioned, if your self-worth is based on external factors,

Speaker:

then there's this big disconnect.

Speaker:

However, if your self-worth is tied to your potentiality or potential of who

Speaker:

you can be and who you can actualize yourself to be, this is what causes

Speaker:

you to feel more worthiness and for your self worth to increase and.

Speaker:

We designed the daily planner to include a section where you type in or you write in

Speaker:

what your life is gonna look like in six months, this is really tapping into the

Speaker:

hidden potential of who you really are.

Speaker:

You can download the planner from our website, be well, do

Speaker:

well.fm, and just click the link for planner in the navigation.

Speaker:

Or I'll put the link down below in the show notes.

Speaker:

I hope this has been helpful.

Speaker:

It's a short episode, but I definitely wanted to talk about this today

Speaker:

because there's too much going on right now, where people are tying

Speaker:

their self worth to their net worth.

Speaker:

And you see the results of that as mental health issues, you see

Speaker:

suicide amongst teens, that's really unfortunate, but you also see just

Speaker:

generally people are not as happy.

Speaker:

And if we disconnect ourselves from what we own and start to own ourselves in the

Speaker:

potential that we have, this is really what causes our self worth to go up.

Speaker:

In the next episode, I'm gonna be talking about one of my favorite.

Speaker:

Of no hurry.

Speaker:

No pause.

Speaker:

I hope you'll be able to join me for that episode tomorrow.

Speaker:

Thanks again for making the be well, do I podcast a part of your

Links

Chapters

Video

More from YouTube