Net Worth Full Picture
The "Net Worth Full Picture" template provides a comprehensive view of your financial health by breaking down your net worth into key categories: cash, investments, fixed assets, and liabilities. This template helps you visualize and track your net worth over time, providing the insights needed to make better financial decisions. It is perfect for monitoring your financial growth and understanding the distribution of your assets and liabilities.
Purpose:
This template goes beyond a simple net worth calculation by categorizing your financial information into various asset and liability groups. It enables you to track your overall financial status and gain a deeper understanding of how each component contributes to your net worth. With features like 12-month trend charts for total net worth and cash, you can monitor how your finances evolve and use that information to plan for the future.
How to Use This Template:
Import this template to your Fina account.
(Optional) Update Account Selections:
Hover over any block, click the menu icon in the top-right corner, and select "Edit."
In the right-side drawer panel, locate the Account Selection section.
Pick the accounts that represent your net worth, ensuring the correct accounts are mapped to each category like cash, investments, and liabilities.
Check the metrics section to adjust or update filters if needed.
(Optional) Add or Remove Blocks:
You can customize the template further by adding blocks to track additional assets or liabilities, or by removing any unnecessary blocks.
Tips:
Use the 12-month net worth and cash trends to spot long-term financial patterns and adjust your budgeting and investment strategies accordingly.
Regularly update the account data to ensure your net worth remains accurate and reflective of your current financial situation.
This template is a must-have for anyone who wants a clear, detailed, and comprehensive view of their net worth and financial assets. It allows you to make informed decisions and optimize your financial future.