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Get The Facts On
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Your Net Worth Statement |
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Assets Cash Checking Account Savings Cash Value of Life Insurance Retirement Accounts Real Estate Home Other Investments Personal Property Other Total |
Current Value |
Liabilities Mortgage Balance Credit Cards Bank Loans Car Loans Personal Loans Other Total
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Amount |
Subtract your liabilities from your assets. If your assets are larger than your liabilities, you have a "positive" net worth. If your liabilities are greater than your assets, you have a "negative" net worth.
You’ll want to update your "net worth statement" every year to keep track of how you are doing. Don’t be discouraged if you have a negative net worth. If you follow a plan to get into a positive position, you’re doing the right thing.
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