QandAs: Finance

How do I calculate my Net Worth?

Answer:
The Net Worth Calculator was designed to help you estimate your current financial condition. Whereas an income and expense statement shows you your financial picture for a period of time (month, year, etc.), this Net Worth Calculator will show you your financial picture at a single point in time. If you compute your Net Worth now, and then again 3 months from now, you will be able to tell whether your financial picture is improving or getting worse.

Starting at the top and working your way down, complete the totals for each of the six sections. Once you've completed the entire worksheet, click on the "Create Report" button at the bottom of the worksheet. This will create a condensed report in a new window that you can print-out and compare to your other Net Worth Reports.

Net Worth Calculator V2

Your Name			Enter date to display on report
Assets			Liabilities
Liquid Assets			Short-Term
Cash (checking & savings accounts)			Credit Cards
Short-Term Investments			Car Loan
Treasury Bills			Construction Liens/Notes/Balances Due
Savings Certificates			Loan on Life Insurance
Money Market Funds			Installment Loans
Cash Value of Life Insurance			Accrued Income Taxes
Other			Other Debt
Total Liquid Assets			Total Short-Term Liabilities
Investment Assets			Long-Term
Notes Receivable			Loans to Purchase Personal Assets
Marketable Securities			Loan to Acquire Business
Securities			Mortgage on Personal Residence(s)
Bonds			Note to Business
Real Estate (investment)			Other
Tax Incentive Investments			Other
Retirement Funds			Other
Total Investment Assets			Total Long-Term Liabilities
Personal Assets			Contingent Liabilities
Residence			Endorser
Vacation Property			Guarantor (SBA Loan)
Art, Antiques			Damage Claims
Furnishings			Taxes
Vehicles			Other
Other			Other
Total Personal Assets			Total Contingent Liabilities
Total Assets			Total Liabilities
Net Worth