Net Worth Statement
Assets (What You Own)
Balance in checking account:
Cash on hand:
Current market value of stocks, bonds, etc.:
Current market value of other securities:
Life insurance – cash value:
Market value of:
- Other real estate:
- Notes, accounts due:
Inventory value of:
- Farm or business:
Market value of durable possessions:
- Mobile home:
- Appliances and furnishings:
- Musical instruments:
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):
- Farm or business equipment:
Total assets minus total liabilities equals total net worth:
Information Sheet 977 (POD-05-19)
Adapted by Becky Smith, PhD, Assistant Extension Professor, Agricultural Economics
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