Ready to take control of your finances in 2026? Mindy Jensen and Scott Trench are breaking down one of the most powerful tools for financial success: the personal financial statement. Think of it as your complete financial snapshot—tracking your net worth, cash flow, assets, and liabilities all in one place. The best part? They're giving you a free comprehensive spreadsheet to make it ridiculously easy.
This Episode Covers:
- What a personal financial statement is and why it's essential for reaching your 2026 FI goals
- How to calculate your net worth and track it over time
- Step-by-step instructions for filling out your financial statement spreadsheet
- Organizing your assets and liabilities in one powerful location
- Using cash flow analysis to understand where your money goes
- Tips for serious financial planning with your completed statement
- Access to the free comprehensive spreadsheet template at BiggerPocketsMoney.com/resources
- Mindy and Scott's recommended budgeting software, Monarch Money (use code 'Pockets' for 50% off Your First Year)
Whether you're just starting out or ready to level up your money game, this episode gives you the foundation you need.
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