FREE booklet : Managing Your Finances
Managing Your Finances
¬Introduction
¬A Biblical Overview of Money and Wealth
¬The Eye of a Needle
¬Meeting Needs Beyond Our Own
¬The Bible and Work
¬Does the New Covenant Abolish Tithing?
¬What Is Corban?
¬Keys to Successful Money Management
¬Determining Your Net Worth
¬Monthly Income and Expense Worksheet
¬Money in Marriage
¬The Greatest Inheritance
¬Teach Your Children About Finances
¬The Power of Compounding
¬Avoiding Financial Black Holes
¬A Buying Self-Test
¬Credit Counseling Services
¬Seeking God's Blessings

Determining Your Net Worth


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From the publisher of The Good News magazine.
Managing Your Finances
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Determining your net worth is the first step in designing a personal budget. Use the form below to help begin this process.

 

Assets
 
Total in all checking and savings accounts
 
Total in all money-market accounts
 
Current value of all securities and investments
(Include stocks, bonds, annuities, IRAs, etc.)
 
Current value of life insurance (cash value)
 
Current value of home
 
Current value of any personal property
(Include autos, rental property, collectibles, etc.)
Line A—Total Assets (add all the lines above)
 
Liabilities
 
Home mortgage (balance due)
 
Total balance due on credit cards
 
Total due on other loans
Line B—Total Liabilities (add the three lines above)
 
Net Worth (subtract Line B from Line A)

 
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