A Net Worth Statement is a reference point on one’s financial road map. This Net Worth Statement infographic highlights the components and outlines the benefits of having one. A net worth statement is a financial tool that shows your financial position at a point in time – like a financial snapshot.
One of the most common ways that individuals check their financial health is with a net worth statement. This Net Worth Statement infographic illustrates what types of assets you own in addition to what type of liabilities you owe.
There are several benefits of a financial snapshot. Figuring out the difference between all the things of value that you owns and all the debts that are owed helps to determine where to start financial planning.
This infographic works well with the Cash Flow infographic.