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Net Worth Statement

Filed Under:
Publication Number: IS0977
View as PDF: IS0977.pdf
Text file for accessibility: File is0977_accessible.docx

Assets (What You Own)

Balance in checking account:

Bank savings:

Cash on hand:

Current market value of stocks, bonds, etc.:

Current market value of other securities:

Life insurance – cash value:

Market value of:

  • Home:
  • Other real estate:
  • Notes, accounts due:

Inventory value of:

  • Farm or business:

Market value of durable possessions:

  • Automobile:
  • Mobile home:
  • Appliances and furnishings:
  • Musical instruments:
  • Jewelry:
  • Other:

Total assets:

Liabilities (What You Owe)

Home mortgage (balance owed):

Other real estate mortgages:

Notes to bank or others:

Amount borrowed on life insurance:

Medical and dental debts:

Unpaid installments (total balance due):

  • Home:
  • Furniture:
  • Farm or business equipment:

Taxes due:

Other debts:

Total liabilities:


Total assets minus total liabilities equals total net worth:

Net worth:



Information Sheet 977 (POD-05-19)

Adapted by Becky Smith, PhD, Assistant Extension Professor, Agricultural Economics

Copyright 2019 by Mississippi State University. All rights reserved. This publication may be copied and distributed without alteration for nonprofit educational purposes provided that credit is given to the Mississippi State University Extension Service.

Produced by Agricultural Communications.

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Extension Service of Mississippi State University, cooperating with U.S. Department of Agriculture. Published in furtherance of Acts of Congress, May 8 and June 30, 1914. GARY B. JACKSON, Director

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Portrait of Dr. Rebecca Campbell Smith
Associate Extension Professor