Personal Finance Balance Sheet Template. As you can see, a business balance sheet or personal balance sheet can help you see your finances more clearly as well as plan. Knowing yourself to be a "company of one," you have to learn to manage yourself the way you would manage a company.
The mostly adopted approach is to divide assets into current assets and non-current assets. A simple calculation is the person or company Equity plus (+) Assets (current assets, fixed (long-term) assets. Net worth is the value of assets you have after subtracting your liabilities.
A personal balance sheet summarizes your assets and liabilities in order to calculate your net worth.
Includes a Personal Balance Sheet and Cash Personal Balance Sheet - for listing assets and liabilities and calculating net worth.
This template will help you quickly prepare a personal balance sheet (aka calculate net worth). Ready to check your balances and keep your finances in order? Home » Excel Templates » Accounting and Finance Templates » Balance Sheet Template.