The powerful thing about calculating net worth is that it moves you away from thinking about hourly wages and your next raise and to thinking in terms of assets and liabilities.  Do not think in terms of an hourly wage, this is limiting and disappointing. If you are thinking in terms of your next hourly raise, this can only happen at the end of the year or at an annual review. And when it does you will find that generally as wages increase so do your taxes. Hand to mouth living is not God’s will. Think in terms of your net worth. This is essential to prosperity.

We learn from the Bible that a portion of what you accumulate should be a blessing to your children. An inheritance-consciousness helps you think and act prosperously today. It causes you to think of increasing net worth on a long-term basis.

A good man leaves an inheritance for his children’s children, but a sinner’s wealth is stored up for the righteous. Houses and wealth are inherited from parents, but a prudent wife is from the Lord (Proverbs 19:14; 13:22).

…You still the hunger of those you cherish; their sons have plenty, and they store up wealth for their children (Psalm 17:14b). 

Do not just live to meet your needs. This is selfish. Why would we live and believe for merely enough to meet our needs, when we have the capacity in God to believe for more, meet the needs of others and pass the balance on to our children?