Personal Finance: Net Worth Sheet
Provided by the International Finance Corporation
Benefits: This worksheet is set up to be a financial snapshot of your assets and liabilities. It will calculate your "net worth" at a specific point in time. It is figured by subtracting the total Rand amount of all liabilities from the total value of all assets.
If you need additional categories of assets or liabilities you can quickly modify it. Just plug in your amounts and the spreadsheet will automatically compute the totals.
You should always strive to have a net worth that is positive. If your net worth is negative, this means that your liabilities exceed your assets. Instead, your financial situation should be the reverse-- owning more than you owe.
File Description: The file is a Microsoft Excel spreadsheet template.
- Download this spreadsheet template just once, and be able to use it over and over again.
- The spreadsheet contains the formula for calculating your net worth.
- The spreadsheet can be completely customized — you can quickly add or delete items or revise the format to meet your needs.
- The spreadsheet is easy to use. Just plug in your assets and liabilities and it will automatically calculate your net worth.
Attachments: Net Worth Sheet
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