While you may consider a balance sheet to be an essential financial ... can improve to achieve your long-term money goals. To create a personal financial statement, you could take a DIY approach.

Because it uses archival data, a balance sheet only presents ... your assets minus your liabilities, or debts. To create a personal balance sheet, start by collecting relevant financial records ...

The balance sheet portion of a PFS exhibits your assets and liabilities, or net worth. Some people create more detailed personal financial statements, including an income statement or other documents.

Go to Google Sheets and create a new spreadsheet. Put in your starting data. For instance, I made a sheet about apples that are bad. Maybe you only trust a certain audience to use your spreadsheet ...

You can easily create a graph in Google Sheets to get a visual display of your data. Once added ... based freelance journalist specializing in personal finance, culture, politics, and identity.