Sample-Personal-Balance-Sheet

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					                       Sample Personal Balance Sheet

                 Chris’ Personal Balance Sheet – January 15, 2010
                   OWN                                            OWE
Liquid Assets              Cash Value      Liabilities – Long term       Current Balance
                                           Debt
Checking Account           $7,871          College loan balance          $105,000
Money Market               $25,000         House Mortgage                $295,979
   Total Liquid Assets:    $32,871         Ski Condo Mortgage            $50,000
                                              Total Long Term Debt:      $450,979


Investment Assets          Current Value   Liabilities – Short term      Current Balance
                                           Debt
Retirement Accounts        $15,000         Car loan balance              $40,000
Non-Retirement             $2,000          Visa Card                     $8,752
Accounts
      Total Investment     $17,000         Master Card                   $9,800
               Assets:
                                           Personal loan from Dad        $4,000
                                              Total Short Term Debt:     $62,552


Hard Assets                Current Value
Houses                     $400,000
Vehicles                   $68,000
Personal Items             $17,460
    Total Hard Assets:     $485,460


              Total Own:   $535,331                       Total Owe:     $513,531


Personal Financial Net Worth: Assets(Own) – Liabilities(Owe) = $21,800

				
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