One of the best tools for this is a personal financial statement listing all the relevant information. If you’ve never done it, creating, reading and understanding a personal financial statement ...

They may want to know this figure for estate planning, to create a personal financial statement for lending purposes or to be aware of their numbers so they can improve them. No matter the reason ...

While you may consider a balance sheet to be an essential financial statement for a company, assessing your own personal assets, equity and wealth in a well-laid-out financial report is equally ...