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.
Transcript
Defining the value of something can often be a difficult thing to accomplish.
Speaker:king at a house that's around: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