Sumple Personul Flnunclul Stutement

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If you wunt to see u snupshot of your flnunces ut u purtlculur polnt ln tlme or wlsh to monltor fluctuutlons ln the
vulue of your ussets or level of llubllltles und net worth, you muy flnd the sumple Personul Flnunclul Stutement
helpful. Euch tlme you prepure u Personul Flnunclul Stutement you creute u snupshot of your flnunces ut u
purtlculur polnt ln tlme. To monltor fluctuutlons ln your flnunces, you muy choose to prepure u flnunclul
stutement perlodlcully (on u set dute every month, quurter, bl-yeurly etc.) und compure stutements.
Once you document ull usset und llublllty flgures, totul your ussets und llubllltles. Next, subtruct totul llubllltles
from totul ussets to determlne your net worth flgure.
Assets
Cash $__________
Checking $__________
Savings $__________
Securities $__________
Accounts/Notes Receivable $__________
Real Estate $__________
Household Goods $__________
Vehicles $__________
Cash Value Life Insurance $__________
401(k) Plan $__________
Individual Retirement Accounts $__________
Other Assets $__________
TOTAL ASSETS $__________

Liabilities
Notes Payable $__________
Accounts/Bills Due $__________
Credit Cards Payable $__________
Vehicle Loans $__________
Unpaid Taxes $__________
Real Estate Mortgages Payable $__________
Land Contracts Payable $__________
Life Insurance Loans $__________
Other Liabilities $__________
TOTAL LIABILITIES $__________
NET WORTH $__________
TOTAL LIABILITIES AND NET WORTH $__________
(Assets always equal Total Liabilities and Net Worth)