Determine Your Net Worth
Posted on September 25, 2008
Filed Under Free Financial Course |
(This is a continuation of the lesson: How to Budget and Net Worth).
Now that we have discussed what net worth is and how it is calculated; we want you to determine your current net worth.
In order to accomplish your personal wealth dreams, you need to assess where you currently are. Then we will develop a plan for you to accomplish your goals.
Computing your net worth begins by listing all of your assets and liabilities and their current market values. We have created this basic Net worth calculator for you to determine your current net worth.
Follow the link and fill out your own Net Worth Spreadsheet.
Filling out a Net worth calculator, is an actionable item that you can do RIGHT NOW in order to save money, increase your net worth, or gain control of your financial situation. Filling out a Net Worth Spreadsheet will allow you to see what kind of wealth you have accumulated in your life.
To gain the true value of the Net Worth Spreadsheet, you should analyze what kind of assets and liabilities you have and what you might be able to do to increase your assets and decrease your liabilities. This will help determine your current situation and give you a starting point from which to set your financial goals. Once completed, save or print a copy for your records.
Net Worth Calculator (Microsoft Excel Spreadsheet)
Once you have downloaded the Net Worth Calculator, continue on with .
Continue>> How to Budget