Net Worth Statement Template

Net Worth Statement: [Household name]

A personal balance sheet: everything you own, everything you owe, and the difference between the two (your net worth) on one date. Use it to see where you stand, to track progress each quarter or year, to prepare for a meeting with a lender or a financial adviser, and to give family or an executor a clear picture. The structure follows the assets, liabilities and net worth layout used in public consumer-finance education, such as the US Consumer Financial Protection Bureau (CFPB) "Your Money, Your Goals" toolkit (public domain), written here in original, country-neutral wording. Replace every [bracketed] value and every row marked Example. This is a document format for organising your own information, not financial, investment, tax, legal or accounting advice.

Document control

Approvals

Revision history

Contents

1. Purpose, scope and conventions
2. Household and statement details
3. Valuation rules
4. Assets
5. Liabilities
6. Net worth and key ratios
7. Change since the last statement
8. Ownership view
9. Notes, assumptions and supporting documents
10. Using the statement
11. Review schedule and data security
12. Glossary
13. References
14. Standard and licence note

1. Purpose, scope and conventions

Net worth is the value of what you own (assets) minus what you owe (liabilities). It is a snapshot on one date, not a measure of income and not a measure of how much you can spend. A rising net worth over several statements usually means that you are saving, paying down debt, or that your investments are growing. A falling net worth tells you to look at the change table in section 7 and find out why.

This statement covers [the whole household / one person]. State clearly whether amounts held by a dependant (for example a savings account in a child's name) are included. The worked example includes an education savings account for the Ellisons' child because the parents control it, and says so in section 9.

2. Household and statement details

The essential spending figure comes from your budget (see Budget, personal/budget). It is needed for the liquidity ratio in section 6. Essential spending means the costs you must pay even in a bad month: housing, utilities, food, transport to work, insurance premiums, minimum debt payments and childcare.

3. Valuation rules

Valuation means deciding what number to put next to an asset. Some assets have an exact value on the statement date (a bank balance). Others need an estimate (a home or a car). Use the rules below and note any exception in section 9.

Two common questions:

• Should retirement accounts be reduced for future tax? Money in many tax-advantaged retirement accounts is taxed when you take it out. This statement shows the gross balance and notes the tax point in section 9. If you want an after-tax figure, add a column and state the tax rate you assumed.
• Should selling costs be deducted from the home value? Selling a home involves agent fees, taxes and moving costs. A conservative statement deducts an estimate; a simple one does not. Choose one and keep it.

Foreign currency conversion rate used: [Currency pair and rate, date, source].

4. Assets

Assets are grouped from the most liquid (available within days) to the least liquid (takes months to sell, or is locked until retirement). Liquid means you can turn it into cash quickly without a large loss.

4.1 Cash and cash equivalents

Cash equivalents include savings accounts, money market funds and short fixed-term deposits that can be withdrawn with little or no penalty. A term deposit locked for several years belongs in 4.5 with a note about the early-withdrawal penalty.

4.2 Investments

Investments outside retirement accounts can usually be sold at any time, but their value moves with markets and selling may create tax. Note any holding that is a large share of the total, such as shares in your employer.

4.3 Retirement accounts

A defined contribution plan is an account that holds what you and your employer paid in, plus investment growth. A defined benefit pension promises an income instead of holding a balance in your name; record the promised income in section 9 rather than inventing a balance. Product names differ by country; see the local equivalents table in section 10.5.

4.4 Property and vehicles

4.5 Other assets

4.6 Asset summary

The shares are rounded to one decimal place and add to 100.0%. In the example, two thirds of what the Ellisons own is their home and cars, which cannot be spent without selling them. That is normal for homeowners and is the reason the liquidity ratio in section 6 matters.

5. Liabilities

Liabilities are debts: money you must pay back. Short-term liabilities are due within about a year or can be called at any time (credit cards, overdrafts, bills owed). Long-term liabilities are repaid over several years (mortgages, car loans, student loans).

5.1 Short-term liabilities

5.2 Long-term liabilities

Take the final payment date from the lender's statement where it is shown. If it is not, work it out from the balance $B$, the monthly rate $r$ (APR divided by 12) and the monthly payment $P$: the number of payments left is

rounded up to a whole month, counted from the next payment. Example: the mortgage needs 185.9 more payments, so 186 payments from 2026-10 end in 2042-03 (the last one smaller than 1,950); the car loan needs 31.7 (last payment 2029-05) and the student loan 93.8 (last payment 2034-07). The mortgage date assumes the rate stays at 4.1% after the fixed period ends in 2029; a higher rate moves it later unless the payment rises. If your own calculation differs from the lender's date by more than a few months, ask the lender why: fees, payment holidays or a different day count are the usual reasons.

5.3 Liability summary

APR (annual percentage rate) is the yearly cost of borrowing, including some fees, expressed as a percentage. It is the number to compare when deciding which debt to pay off first (see Debt Payoff Plan, personal/debt-payoff-plan).

6. Net worth and key ratios

Net worth is calculated as:

Example: 641,000 minus 295,500 equals a net worth of USD 345,500 for the Ellison household on 2026-09-30.

The debt-to-asset ratio in formula form:

The liquidity ratio in formula form:

Commentary (write your own): Example: "Our net worth is positive and growing. Most of it is in the home and retirement accounts, so cash is thin at 3.7 months of essentials. Our financial plan raises the emergency fund to six months and clears the credit card B balance first, because it costs 22.9% a year."

Lenders and advisers in different countries use their own versions of these ratios and their own limits. Treat any limit you read about as a rule of thumb, and check what the lender or your adviser actually applies.

7. Change since the last statement

The same change, split by cause:

Percentage change is the change divided by the previous net worth: 23,115 / 322,385 = 7.2%. Only the interest part of a loan payment is a cost; the principal part moves money from your bank account into your home or car, so it raises net worth even though it feels like spending. That is why scheduled repayments of 8,415 appear here as progress. If market gains explain most of an increase, your progress depends on markets continuing to rise; if saving and debt repayment explain most of it, your progress is in your control.

8. Ownership view

Retirement accounts are almost always held in one person's name, even for a married couple. Beneficiary nominations on those accounts often decide who receives them on death, regardless of a will, depending on local law. Record where the nominations are kept in the Emergency Document File (personal/emergency-document-file).

9. Notes, assumptions and supporting documents

Supporting documents used:

10. Using the statement

10.1 Regular progress check

Update the statement on the same date each quarter or year, fill section 7, and carry the results into your Personal Financial Plan (personal/financial-plan) and your Financial Goals Plan (personal/financial-goals). Over several years the trend matters far more than any single figure.

10.2 Loan or mortgage application

Lenders usually ask for a statement of assets and liabilities on their own form, plus evidence. Use this document to fill their form accurately. Do not overstate values: a deliberately false statement to a lender can be an offence in many countries. Lenders often care most about the debt payments to income ratio and the loan-to-value ratio.

10.3 Meeting a financial adviser

Advisers collect the same facts during their fact-finding stage. A completed statement shortens the meeting and reduces errors. Ask the adviser how they will store your data.

10.4 Separation, divorce or death

Courts, mediators and executors need values on a specific date, with evidence and an ownership split. Section 8 and the supporting documents list in section 9 are the starting point; professional legal advice is needed for the process itself.

10.5 Local equivalents

Account names differ by country. The table lists common names for the kinds of accounts in section 4, as of 2026-10. Names only, not exhaustive, not advice; check local rules and your provider's documents for what each account allows.

Further countries, same rules (names only, as of 2026-10, check local rules):

For a CPF member, the CPF account balances are an asset in section 4.3 (they are held in the member's name, like a workplace plan); record any part already used for a home in the notes, because rules on repaying it into the account when the home is sold can apply.

11. Review schedule and data security

This editor stores documents in your browser on your own device. If you export the statement to share it, send it through a channel you trust and delete copies you no longer need.

12. Glossary

13. References

Standard and licence note

Based on the assets, liabilities and net worth layout taught in public consumer-finance education, including the US Consumer Financial Protection Bureau "Your Money, Your Goals" toolkit, which is a US federal work in the public domain, and with competence area names from the G20/OECD INFE Core Competencies Framework on Financial Literacy for Adults (2016), cited by name only. This adaptation does not represent the official views of the OECD or its Member countries. The text, structure, ratios and worked example are original; the Ellison household is fictional. Account names in the local equivalents table are given as of 2026-10 for identification only; check current local rules and official sources before relying on them. This is a document format, not financial, investment, tax, legal or accounting advice. Template licence: MIT.