Net Worth

Play the CPA Game

Fill in the blanks of this net worth worksheet to get a quick overview of your current financial situation. Then, for fun, plug in different numbers to see new financial possibilities.

Assets – Liabilities = Net Worth

           Assets are what you own.

    Liabilities are what you owe.

If your assets outweigh your liabilities, you have a positive net worth. If you have more liabilities than assets, you have a negative net worth.
Note: Unlike your taxes, a net worth statement doesn’t include your income.

Assets – What you own

 

1. Home – If you own a home, enter its estimated value (what is owed on your mortgage is covered in #14).

2. Automobiles – Enter the sum of the blue book values of all of cars. Get values online here.

3. Other Properties & Vehicles – If you own land, a boat, motor home, motorcycle, etc., enter the  value for these items here (if you owe money on any of these items, complete #17).

4. Jewelry, Art & Collectibles – Enter the total estimated value here.

5. Electronics – Cameras, computers, etc. Enter the amount you could get if you sold the items today.

6. Furniture and household Items – Guestimate the total value of your furniture, appliances, etc. If you were to have an auction on ebay today what would you get?

7. Checking, Savings & Money Market Accounts – Add up the current balances.

8. Retirement Accounts – Add up the value of all 401(k) plans, IRAs, etc… including money still held in employer plans from previous jobs.

9. Savings bonds/CD’s – Enter the total value. Get values online here.

10. Mutual Funds – Enter total value here.

11. Stocks – Enter total value here

12. Life insurance – If you have a life insurance policy with a surrender or cash value, enter it here.

13. Other Investments – Enter here anything else that has value here.

Liabilities – What you owe

 

14. Mortgage Principle – If you have a mortgage, enter estimated balance.

15. Auto Loans – Enter the amount owed on all car loans.

16. Student Loans – Enter the amount owed on any educational financing.

17. Other Loans – Enter the amount owed on any other loans you might have – home equity, boats, furniture, etc.

18. Credit Cards – Enter the balance due on all of your credit cards.

Click this button to calculate your net worth.

 

Asset Total

 

Liability Total

 

Your Net Worth – If your assets outweigh your liabilities, you have a positive net worth. If you have more liabilities than assets, you have a negative net worth.