Net worth calculator/spreadsheet
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- Posts: 404
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Net worth calculator/spreadsheet
I’m trying to help my family members understand what their net worth is and have a better overall outlook or view of their money. Does anyone have a good net worth calculator spreadsheet?
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- Posts: 237
- Joined: Sun Jun 07, 2015 12:50 pm
Re: Net worth calculator/spreadsheet
Does it have to be a spreadsheet? Some like this (I have my personal, complicated spreadsheet that I enjoy), but for simple purposes, this can be done on paper.
Definition of net worth = assets - liabilities.
Definition of net worth = assets - liabilities.
Re: Net worth calculator/spreadsheet
A basic sheet in Excel will communicate the message.
List the assets
List the liabilities
Net worth is the difference between the two.
The Excel model can become as detailed and complex as you want it to become.
List the assets
List the liabilities
Net worth is the difference between the two.
The Excel model can become as detailed and complex as you want it to become.
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- Posts: 139
- Joined: Fri Jul 30, 2021 12:40 am
Re: Net worth calculator/spreadsheet
OK sorry if I am being feed to the echo chamber but, everything that you own minus what you actually still owe on stuff equals "net worth."
The realist sees the glass as completely full, 50% water and 50% air.
Re: Net worth calculator/spreadsheet
You can google net worth templates, there are tons already out there. Or use an aggregator like personal capital. Here is a step by step guide to building your own
https://www.thesimpledollar.com/financi ... readsheet/
Bankrate has an online calculator
https://www.bankrate.com/calculators/sm ... lator.aspx
https://www.thesimpledollar.com/financi ... readsheet/
Bankrate has an online calculator
https://www.bankrate.com/calculators/sm ... lator.aspx