Personal Net Worth (Asset-Liabilities)
Net Worth is a step in gaining your own financial control (assets-debts). It allows a review of your financial progress towards your financial goals. It is valuable aid in planning your estate and establishing a record for loan and insurance purposes.
Assets
Client / Combined ($)
Spouse ($)
Personal Use Assets
Family Home
Motor Vehicles
Others (1)
Others (2)
Total
$
0
$
0
Invested Assets
Shares
Unit Trust
Bonds
TAP
Investment Property
Others
Total
$
0
$
0
Cash / Cash Equivalents
Saving Deposit
Fixed Deposit
Others
Total
$
0
$
0
TOTAL ASSETS
$
0
$
0
Liabilities
Client / Combined ($)
Spouse ($)
Mortgage Loan
Renovation Loan
Motor Vehicle Loan
Personal Loan / Credit
TOTAL LIABILITIES
$
0
$
0
TOTAL NET WORTH
$
0
Personal Monthly Budget (Income-Expenditure)
Monthly Budget is a financial plan that allocate future personal income towards expenses, savings and debt repayment. It represents your goal to keep you from spending more than the projected amount hence help in reducing your retirement gap.
Monthly Income
Projected
Actual
Difference
Income Items
Employment
$
0
Business
$
0
Investment Income
$
0
Others
$
0
Total Monthly Income
$
0
$
0
$
0
Monthly Expenditure
Projected
Actual
Difference
Housing
Mortgage or Rental Per Month
$
0
Insurance
$
0
Utilities
$
0
Maintenance
$
0
Phone
$
0
Household Supplies
$
0
Renovation / Home Decoration
$
0
Furnishings / Home Decoration
$
0
Food
Groceries
$
0
Dining
$
0
Auto Expenses
Loan or Lease Payments per month
$
0
Taxes and Insurance
$
0
Maintenance
$
0
Fuel
$
0
Healthcare
Health Insurance
$
0
Medicare
$
0
Medicine
$
0
Gym Membership
$
0
Others (Supplement etc)
$
0
Insurance
Life Insurance
$
0
Long-term Care Insurance
$
0
Personal
Clothing
$
0
Care Products
$
0
Dry Cleaning
$
0
Glasses and / or Contact Lens
$
0
Recreation
Hobbies
$
0
Entertainment
$
0
Travel
$
0
Cable and / or Internet
$
0
Gifts
Holidays, Anniversaries, Birthday
$
0
Charitable Donations
$
0
Others
Other (1)
$
0
Other (2)
$
0
Total Monthly Expenditure
$
0
$
0
$
0
Projected Savings
$
0
Actual Savings
$
0
Difference
$
0
Personal Financial Ratio Analysis
Financial Ratio Analysis represents your current financial position. This may varies over time depending on your life stages, financial commitments and your priority.
Basic Liquidity is the measurement of your available emergency funds. It is recommended that you have 3-6 months of your monthly expenses. In this case your Basic Liquidity is:
Total Cash
$
0
Total Monthly Expenditure
$
0
Basic Liquidity
0
months
Liquid Assets over Net Worth is a good measurement on how accessible your net worth is. Higher holdings of liquid assets is important for retirement and its ratio is recommended to be at least 15%. In this case your Liquid Assets over Net Worth is:
Total Cash
$
0
Total Net Worth
$
0
Liquid Assets over Net Worth
0
%
Debt to Assets indicates how much your assets is still mortgaged to financial institution. It is recommended you maintain it under 50%. Your Debt over Assets is:
Total Liabilities
$
0
Total Assets
$
0
Debt to Assets
0
%
Debt Service Ratio basically measure the ability to service your debt. This calculation exclude TAP and it is recommended to keep this number to below 35% or lower. In this case your Debt Service is:
Monthly Debt Repayment
$
0
Month Take Home Pay
$
0
Debt Service Ratio
0
%
Net Investment Assets to Total Net Worth this ratio shows you an idea how much your assets are working for you. Ideally the ratio should be 50% and above. Your Net Investment Assets to Total Net Worth is:
Total Invested Assets
$
0
Total Net Worth
$
0
Net Investment Assets to Net Worth
0
%
