Personal Financial Statement Template for Google Sheets
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Personal Financial Statement Template for Google Sheets
Manage your finances with our Personal Financial Statement Template for Google Sheets. Track assets, liabilities, income, and expenses to calculate your net worth.
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Create a new Google Sheet for personal financial statement
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Input layout for personal financial statement
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List all the assets in one section
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List all the liabilities in another section
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Input individual values for each asset
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Input individual values for each liability
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Calculate total assets
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Calculate total liabilities
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Calculate net worth by subtracting total liabilities from total assets
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Input income sources in another section
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Input individual values for each income source
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Calculate total monthly income
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Input all monthly expenses in another section
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Input individual values for each expense
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Calculate total monthly expenses
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Calculate monthly income surplus/deficit by subtracting expenses from income
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Review all inputted financial information
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Approval: Personal Financial Details
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Save and finalize the personal financial statement template
20
Add personal details at the top of the sheet
Create a new Google Sheet for personal financial statement
In this task, you will create a new Google Sheet to serve as the template for your personal financial statement. This sheet will be used to input and calculate your financial information. The desired result is a blank sheet ready for input. You will need access to Google Sheets and a device with internet connection.
Input layout for personal financial statement
In order to organize your financial information effectively, you need to input a layout for your personal financial statement. This layout will determine how the information is presented and organized on the sheet. The desired result is a clear and user-friendly layout. You will need knowledge of Google Sheets layout options.
List all the assets in one section
To accurately assess your financial position, you need to list all your assets on the personal financial statement. This includes any property, investments, or valuable possessions you own. The desired result is a comprehensive list of assets. You will need a good understanding of your own financial situation.
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Property
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Investments
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Possessions
List all the liabilities in another section
To complete your personal financial statement, you need to list all your liabilities. These are any debts or financial obligations you owe. The desired result is a comprehensive list of liabilities. You will need knowledge of your outstanding debts and financial obligations.
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Mortgage
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Credit Card Debt
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Student Loan
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Car Loan
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Other
Input individual values for each asset
Now it's time to input the values for each asset you listed earlier. This means assigning a specific value to each asset. The desired result is a completed list of assets with assigned values. You will need knowledge of the value of your assets.
Input individual values for each liability
In this step, you will input the specific values for each liability you listed earlier. This means assigning a value to each liability. The desired result is a completed list of liabilities with assigned values. You will need knowledge of the value of your liabilities.
Calculate total assets
To determine your total assets, you need to calculate the sum of all the individual asset values. This will give you an overall value for your assets. The desired result is the total assets value. You will need knowledge of basic arithmetic and the ability to use formulas in Google Sheets.
Calculate total liabilities
To determine your total liabilities, you need to calculate the sum of all the individual liability values. This will give you an overall value for your liabilities. The desired result is the total liabilities value. You will need knowledge of basic arithmetic and the ability to use formulas in Google Sheets.
Calculate net worth by subtracting total liabilities from total assets
To assess your overall financial position, you need to calculate your net worth. This is done by subtracting your total liabilities from your total assets. The desired result is your net worth value. You will need knowledge of basic arithmetic and the ability to use formulas in Google Sheets.
Input income sources in another section
To complete your personal financial statement, you need to list all your income sources. This includes any regular income you receive. The desired result is a comprehensive list of income sources. You will need knowledge of your various income sources.
Input individual values for each income source
Now it's time to input the values for each income source you listed earlier. This means assigning a specific value to each income source. The desired result is a completed list of income sources with assigned values. You will need knowledge of the value of your income sources.
Calculate total monthly income
To determine your total monthly income, you need to calculate the sum of all the individual income source values. This will give you an overall value for your monthly income. The desired result is the total monthly income value. You will need knowledge of basic arithmetic and the ability to use formulas in Google Sheets.
Input all monthly expenses in another section
To complete your personal financial statement, you need to list all your monthly expenses. This includes any regular expenses you have. The desired result is a comprehensive list of monthly expenses. You will need knowledge of your various expenses.
Input individual values for each expense
Now it's time to input the values for each expense you listed earlier. This means assigning a specific value to each expense. The desired result is a completed list of expenses with assigned values. You will need knowledge of the value of your expenses.
Calculate total monthly expenses
To determine your total monthly expenses, you need to calculate the sum of all the individual expense values. This will give you an overall value for your monthly expenses. The desired result is the total monthly expenses value. You will need knowledge of basic arithmetic and the ability to use formulas in Google Sheets.
Calculate monthly income surplus/deficit by subtracting expenses from income
To assess your monthly financial situation, you need to calculate your monthly income surplus or deficit. This is done by subtracting your total monthly expenses from your total monthly income. The desired result is your monthly income surplus or deficit value. You will need knowledge of basic arithmetic and the ability to use formulas in Google Sheets.
Review all inputted financial information
In this task, you will review all the financial information you have inputted so far. This is to ensure accuracy and completeness before finalizing the personal financial statement template. The desired result is a complete and accurate financial statement. You will need attention to detail and the ability to cross-check information.
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Yes
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No
Approval: Personal Financial Details
Will be submitted for approval:
Input layout for personal financial statement
Will be submitted
List all the assets in one section
Will be submitted
List all the liabilities in another section
Will be submitted
Input individual values for each asset
Will be submitted
Input individual values for each liability
Will be submitted
Calculate total assets
Will be submitted
Calculate total liabilities
Will be submitted
Calculate net worth by subtracting total liabilities from total assets
Will be submitted
Input income sources in another section
Will be submitted
Input individual values for each income source
Will be submitted
Calculate total monthly income
Will be submitted
Input all monthly expenses in another section
Will be submitted
Input individual values for each expense
Will be submitted
Calculate total monthly expenses
Will be submitted
Calculate monthly income surplus/deficit by subtracting expenses from income
Will be submitted
Review all inputted financial information
Will be submitted
Save and finalize the personal financial statement template
Now that you have reviewed and verified the accuracy and completeness of your personal financial statement, it's time to save and finalize the template. The desired result is a finalized and ready-to-use personal financial statement template. You will need to save the Google Sheet and make sure all formulas are working correctly.
Add personal details at the top of the sheet
To personalize your personal financial statement, you need to add your personal details at the top of the sheet. This includes your name, contact information, and any other pertinent details. The desired result is a personalized and identifiable personal financial statement. You will need your personal information.