REQUEST THE GOOD ASSET NET WORTH STATEMENT
GOOD ASSET NET WORTH STATEMENT
In my book Wealth is a Choice I listed all kinds of assets and described them as either good or bad assets. It doesn't mean that every asset was good or bad, but that at least the true intention (conscious or otherwise) was. If you want to become wealthy, the solution is very clear, you have to buy things that have the ability to produce future income. Therefore, everything you own is either Good (helping you increase income) or Bad (taking away from your wealth).
This simplicity makes it possible to cut away from the noise of spending/saving, and make acute confident financial decisions.
It can also empower you to discover ideas of how to convert bad assets into good assets (opportunities).
Most Net Worth Statements (assets/liabilities) are misleading, as a good majority of "assets" are actually a negative, such as automobiles and most homes. If you want to really see improvements in becoming wealthy, then you need to focus on what matters most. This Good Asset Net Worth Statement will help you do just that.
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