How to Create a Personal Balance Sheet
The Human Revolution with Dylan Bain
How to Calculate Your Net Worth
You should have on your balance sheet a snapshot in time of all of your assets listed out and all of your liabilities listed out. Things that are not liabilities bills, the bills you pay are not liabilities. Anything you're putting out on a monthly basis is not a liability it's an expense. And while we're talking about expenses, future expenses are not really in this category either. You can go to fiscusavitch.com slash tools and download our balance sheet and look at what your net worth is.
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