Net Worth Spreadsheet - Quick Net Worth
A big part of managing your personal finances is monitoring your progress. That is what this little tool is for. Once you have mastered what you need to enter into the full spreadsheet, you should be able to lump like items together and plug them into this much less complicated version. You are then able to take a quick snapshot of progress made or not made in the struggle to build wealth.
You can download, fill in and print this Excel 2003 document or download, print and fill in this budget speadsheet. It opens in another window so that you can look and fill it in and still have access to the coaching on this page.
You should always fill out the full spreadsheet first and do your review at least once or twice per year on a full net worth worksheet. Several articles will be added in the course to help you understand the dynamics of the messages that are within a balance sheet. It may look simple but that is not the case.
If you are working on your personal finances, you know that you need to spend less than you earn. With our balance sheet you can print out this table, take it and a cup of coffee to the kitchen table and work out your net worth. It costs you nothing but time, 2 pieces of paper and some ink. Or you can go to the competition and they all want money for "a very professional version". When you are working out your household finances you are just a regular guy trying to get the job done for as little cost as possible. If you are going to control your spending, you set the tone right here where you are making up your budget. So shop around the site and look for the coaching articles. If you need more coaching, go to the contact form and ask me where to get more coaching. I have articles posted on the web and we can send you to the URLs. In the future these will be part of the "Financial Healing Course" that is being put together. You can also go to "Steve's Recommended Readings" to shop for some helpful information that has been on the shelves for years. There is nothing new in the world of finance so the topic is well addressed.
Your personal balance sheet is at least as important as your personal budget if not more important. Your personal budget tells you how you are doing paycheck to paycheck. It is like quizzes. You can ace one and bomb on another one and you expect one every couple of weeks or each month. Your balance sheet is the report card. It adds up all the totals and lets you know if you have passed or failed personal finances. However it is very clear that most folks do not know much about a balance sheet.
Download this spreadsheet Quick Net Worth Spreadsheet
Questions? Financial Therapist Contact Ask us - We will reply and if it is a really good one we will publish it and its answer in our weekly blog entry. If a lot of folks have the same question we will build an FAQ url or urls on the site.
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