Net Worth Spreadsheet

Assessing your current financial situation and calculating your net worth is an important step in financial planning.

Net worth is the difference in value between your assets and liabilities. Work towards increasing your net worth over time.

Total Assets

  • Liquid Assets
    These are assets that are short-term in nature, and can easily be converted into cash. They include savings, current accounts, fixed accounts and short-term government issues.
  • Invested Assets
    These are investment assets acquired for the purpose of generating an income as well as future capital growth. They usually have a medium to long term time horizon. These assets include financial instruments such as bonds, equities, real estates, derivatives as well as CPF accounts.
  • Personal Consumption Assets
    These are assets that are non-investment in nature and are meant for personal consumption and enjoyment. They include your house, car, home contents, jewelries, other personal valuables and collectibles.

Liabilities

  • Current Liabilities
    These are liabilities with a time frame of less than 12 months and are short-term in nature. Examples include credit card bills and provision for income tax.
  • Long-Term Liabilities
    These are liabilities with a time frame exceeding 12 months and are long-term in nature. These include items like home mortgage loan, car loan and renovation loan.

This Net Worth Spreadsheet can help you in your planning towards increasing your net worth over time.