A | B | C | D | E | F | G | |
---|---|---|---|---|---|---|---|
1 | Instructions | Template by: | MoneyAbroad.co | ||||
2 | |||||||
3 | Goal | ||||||
4 | This Net Worth Tracker Template helps you track your Net Worth, Income, and Expenses as a couple or individual. | ||||||
5 | |||||||
6 | Steps | ||||||
7 | First, make a copy of this template. Update the sheet at the end of each month. | ||||||
8 | |||||||
9 | For each tab, fill out only the highlighted yellow fields (overwrite placeholders). Other fields automatically calculate based on your inputs: | ||||||
10 | 1. Inputs tab | ||||||
11 | a/ Fill out the yellow fields below with starting month, name(s), currencies of choice, and chosen categories. | ||||||
12 | If single: leave blank for Person 2 Name | ||||||
13 | 2. Net Worth tab | ||||||
14 | a/ Hit "+" at top to expand roll-up column to view yellow fields (each column = different currency denomination of your asset/liability accounts). | ||||||
15 | b/ Fill out yellow fields for Combined/Joint, Person 1, and Person 2 accounts, ie start currency, end currency, & balance per asset/liability category. | ||||||
16 | If single: Fill out Person 1 accounts only. Hide rows 4-31, 60-87. | ||||||
17 | If couple: Check that Joint, Person 1, Person 2 sections are all using the same end currency, else you'll get an error. | ||||||
18 | 3. Income & Expenses tab (optional) | ||||||
19 | a/ Fill out yellow fields in Budget column with your planned monthly amount, then Actuals columns with actual monthly amount. | ||||||
20 | If single: Fill out Combined & Person 1 sections only. Clear Person 2 yellow fields. Hide rows 55-76. | ||||||
21 | 4. Projections tab (optional) | ||||||
22 | a/ Fill out yellow fields to create a chart visualiation of your net worth projection vs goals | ||||||
23 | |||||||
24 | 4. Voila! You're tracking your net worth, income, and expenses across currencies and accounts. | ||||||
25 | |||||||
26 | Inputs | ||||||
27 | |||||||
28 | Starting Month: | 1/1/2024 | |||||
29 | |||||||
30 | Person 1 Name: | Michael | |||||
31 | Person 2 Name: | Julie | |||||
32 | |||||||
33 | Currency Exchange (FX) | ||||||
34 | |||||||
35 | Set your currency exchange rates used for calculations in the Net Worth tab: (hover for definitions) | ||||||
36 | |||||||
37 | Start Currency | End Currency | Fixed rate | Dynamic (now) | Dynamic (prev month) | ||
38 | SGD | USD | 0.75 | 0.7718164 | 0.7750196 | ||
39 | AUD | USD | 0.68 | 0.65823 | 0.66105 | ||
40 | USD | USD | 1 | ||||
41 | SGD | SGD | 1 | ||||
42 | AUD | SGD | 0.92 | 0.852835 | 0.85295 | ||
43 | USD | SGD | 1.34 | 1.29548 | 1.29029 | ||
44 | |||||||
45 | Asset Categories | ||||||
46 | |||||||
47 | Label your asset categories (use placeholders or create your own): | ||||||
48 | |||||||
49 | Category 1: | Cash, T-Bills & Bonds | |||||
50 | Category 2: | Public Investments | |||||
51 | Category 3: | Real Estate | |||||
52 | Category 4: | Crypto | |||||
53 | Category 5: | Private Investments | |||||
54 | Category 6: | Company Equity (409A/RSU) | |||||
55 | |||||||
56 | Liability Categories | ||||||
57 | |||||||
58 | Label your liability categories (use placeholders or create your own): | ||||||
59 | |||||||
60 | Category 1: | Credit Cards | |||||
61 | Category 2: | Student Loans | |||||
62 | Category 3: | Mortgage | |||||
63 | Category 4: | Unpaid Tax | |||||
64 | |||||||
65 | Expense Categories | ||||||
66 | |||||||
67 | Label your expense categories (use placeholders or create your own): | ||||||
68 | |||||||
69 | Category 1: | Rent | |||||
70 | Category 2: | Utilities | |||||
71 | Category 3: | Food | |||||
72 | Category 4: | Entertainment | |||||
73 | Category 5: | Education | |||||
74 | Category 6: | Shopping | |||||
75 | Category 7: | Health | |||||
76 | Category 8: | Transport | |||||
77 | Category 9: | Travel | |||||
78 | Category 10: | Cash Withdrawal | |||||
79 | Category 11: | Services | |||||
80 | Category 12: | Gifts/Other | |||||
81 |