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This is what Robert kiyosaki has to say about Net worth. "I cringe every time I hear someone say to me that their net worth is a million dollars or $100,000 dollars or whatever. One of the main reasons net worth is not accurate is simply because the moment you begin selling your assets, you...

Right maybe I should take out a few loans tommorrow and snap up 3-4 properties and wait 2-3years and have $1M net. Of course its much harder todo then say but in a nutshell that's what you did right?

You didn't wake up with the thought of having up to $1M in debt? So many Aussies have this mentality that once they take out a loan for XXX amount, they instantly have that much worth. Unfortunately in this time of rapid change, nothing is certain. Having $1M in the bank is different to...