‘Net
Worth, Worthy, & The Worthwhile’
I’m not worthy; I’m not worthy
Alice
Cooper
Worth- (of) value, merit,
significance, meaning, appeal
Worthy – commendable, admirable,
creditable, laudable, praiseworthy
Net worth:
a key measure of how
much an entity is worth. A consistent increase
in net worth indicates good financial health;
conversely, net worth may be depleted by a
decrease in asset values relative to liabilities.
On
financial balance sheets, the net of physical and intangible assets less
liabilities is classified as ‘net worth.’ And even in personal financial
planning, net worth (adjusted to assets less objectives cost and liabilities)
does not reflect let alone acknowledge
the following assets (increasing ‘worth’ of)
·
Adaptability and resourcefulness that created the assets (Baruch
Hashem)
But what I do have are a very particular set of skills
Liam
Neeson ‘Taken’
Each
of us has a portion (chalek). This portion/trait may be developed and
manifested as a particular set of skills or remain unmanifested. But most have
incurred in their life – at one point or another – challenges, difficulties,
and in particular financial obstacles – which they have overcome and not
unusually due to their ‘particular set of skills.’
I
would often ask clients or participants at my workshops:
·
Have you incurred difficulties and especially
challenges at one time or another in your life.?
·
Did you have overcome those difficult
situations?
Invariably every
client assented and attendees raised their hands.
Yet, where on the
balance sheet – the net worth statement – is this adaptability and
resourcefulness – recognized let alone monetized?
Currencies come
and go – get devalued – ravaged by inflation etc.
And yet, that
which we possess – the adaptability and resourcefulness – which assists us in
navigating these potential challenges is assigned no value other than a nod to
‘human capital’ by yackety yak’ “I want to be your best friend so I can
maintain my 1% asset under management compensation even though robo advisers
are now charging 35 basis points or less” financial planners. (1)
And on a
spiritual level, especially addressing those who are not only concerned with
‘outliving their money’ but as much now or moreso – seeking meaning IN their
life – ‘enough to live on, enough to live for:
·
Our soul curriculum assets –
incompletions of the soul that have been completed or made the progress
made toward completing
·
The good done & reflected (inside out) - guilt money, fruit of
a poison tree) or for vanity (commemorations, business development and plaques
– (and I ain’t talking cholesterol plaque)
And
so, net worth – net worthiness is
related to tangible and intangible financial assets and or assets which
otherwise can be ‘monetized’ shortchanging adaptability, resourcefulness, soul
curriculum assets, and the good done – only increasing dependency of on current
currencies (as if there is never ‘enough’ which can come and go.
