NET WORTH STATEMENT
ASSETS LIABILITIES
Cash/Cash Equivalents Liabilities
Checking account $ 3,000 Credit card balance $ 8,500
Savings Account 5,000 Student Loan Debt 30,000
Money Market Account – 0 Auto note balance 18,000
Life Insurace Cash Value 25,000 Mortgage Balance 250,000
Total Cash/Cash Equivalents 33,000 Total Liabilities 306,500
Invested Assets
Brokerage Account 15,000
Business – 0
IRAs – 0
401k or Vested Pension 50,000
Total Invested Assets 65,000 TOTAL LIABILITIES 306,500
Use Assets
Residence 320,000 NET WORTH 126,500
Automobiles 15,000
Personal property – 0
Total Use Assets 335,000
TOTAL ASSETS 433,000 TOTAL LIABILITIES AND NET WORTH 433,000
CF
Cash Flow Statement
Outflows Inflows Totals Cash Flow Statement 10 Years
INFLOWS 1 2 3 4 5 6 7 8 9 10
Gross salaries $ 122,500 127,400.00 131,986.89 137,002.39 142,208.48 147,612.41 153,221.68 159,044.10 165,087.78 171,361.11 177,872.83
Dividend income 800 832.00 865.28 899.89 935.89 973.32 1,012.26 1,052.75 1,094.86 1,138.65 1,184.20
Interest income 50 52.00 54.08 56.24 58.49 60.83 63.27 65.80 68.43 71.17 74.01
Other Income 0
TOTAL INFLOWS $ 123,350 123,350 128,284.00 133,415.36 138,751.97 144,302.05 150,074.14 156,077.10 162,320.18 168,812.99 175,565.51 182,588.13
128,284.00 132,906.25 137,958.53 143,202.86 148,646.56 154,297.20 160,162.64 166,251.06 172,570.93 179,131.04
OUTFLOWS
Savings and Investments $ 11,300 11,752.00 12,222.08 12,710.96 13,219.40 13,748.18 14,298.10 14,870.03 15,464.83 16,083.42 16,726.76
Fixed Outflows
Housing $ 20,400 21,216.00 21,810.78 22,552.35 23,319.13 24,111.98 24,931.79 25,779.47 26,655.97 27,562.27 28,499.39
Property Taxes 4,000 4,152.00 4,309.78 4,473.55 4,643.54 4,820.00 5,003.16 5,193.28 5,390.62 5,595.46 5,808.09
Student Loan Payments 7,200 7,488.00 7,787.52 8,099.02 8,422.98 8,759.90 9,110.30 9,474.71 9,853.70 10,247.85 10,657.76
Auto Loan Payments 6,000 6,240.00 6,489.60 6,749.18 7,019.15 7,299.92 7,591.91 7,895.59 8,211.41 8,539.87 8,881.47
Insurance premiums 2,900 3,016.00 3,136.64 3,262.11 3,392.59 3,528.29 3,669.43 3,816.20 3,968.85 4,127.60 4,292.71
Total Fixed Outflows $ 40,500 42,112.00 43,534.32 45,136.21 46,797.39 48,520.09 50,306.58 52,159.25 54,080.55 56,073.06 58,139.41
Variable Outflows
Taxes $ 26,950
Food 8,400
Transportation 6,000
Clothing/personal 4,800
Entertainment/vacation 6,000
Medical/dental care 4,200
Utilities/household 3,000
Credit card payments 7,200
Miscellaneous 5,000 71,550
Total Variable Outflows $
TOTAL OUTFLOWS 112,050
Financial Ratios
Liquidity Ratio: 5.37
Savings Ratio: 9.2%
Front End Ratio: 21.8%
Back End Ratio: 30.0%
Net Investment Assets to Net Worth: 77.5%
