Personal Finance Tip #23: Develop a Net Worth Mentality
A budget mentality is a nice tool when you are starting out with money management. But eventually, you need to:
Develop a net worth mentality.
This is about the long term, and looking at the big picture of your overall finances, rather than just managing them month to month. My guest post on Moolanomy looks at the difference between a budget mentality and a net worth mentality.
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Tags: budget, money management, net-worth, personal finance tip, personal-finances, tool money management, yielding wealthRelated Stories
POSTED IN: B5 Media Business Channel, Family finances, Money advice, Personal Finance
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