Comments on: Personal Balance Sheet, December 2006 ($70,108, +4.19%)

By: Berger

Berger — Tue, 09 Jan 2007 17:17:36 +0000

Flexo – Nice stuff here! I’ve been following since I stumbled upon your site about three months ago.
I’ve been keeping a personal balance sheet for a few years and was wondering if you had any interest in it as it could show your readers the impact of different life situations. For instance, I am married, own a house, and live in midwest Ohio. Let me know, might be interesting.

By: Flexo

Flexo — Thu, 04 Jan 2007 15:20:26 +0000

David: Thanks for noticing that. I’ll fix it tonight. My total business assets from 2004 should be $0.

By: David

David — Thu, 04 Jan 2007 15:13:10 +0000

Flexo – Your 2004 balance sheet does not add up correctly. The net worth number looks right, but your total assets are inflated because your business assets are not adding up correctly. It repeats the same $23,341.22 from the investments line item above.

By: 2million

2million — Wed, 03 Jan 2007 19:01:31 +0000

Flexo – under Business Assets – you have a Savings line item – is that a savings account that you keep business cash in? If so what kind of account is it – does it have a decent yield?

By: Flexo

Flexo — Wed, 03 Jan 2007 03:36:16 +0000

Dan: The number on the top right corner of the website changes more frequently… I update it a few times a month, so it doesn’t always reflect the same as the net worth at the end of the prior month.

By: Dan

Dan — Wed, 03 Jan 2007 03:33:52 +0000

is it a mistake that your net worth 71709 in the top but 70108 here?

By: Flexo

Flexo — Wed, 03 Jan 2007 02:03:52 +0000

Hey Brad: I put together some template. Here's the balance sheet and here's the income and expense statement.

By: Brad

Brad — Wed, 03 Jan 2007 01:55:41 +0000

Hi,

I was just wondering if you offer a copy of your Personal Balance Sheet or if you know of anyplace where you can find them online? Please email me so I don’t have to keep checking back, (although I do really, really, appreciate the transparency of your site)

Thanks,

Brad

By: PFBlog

PFBlog — Wed, 03 Jan 2007 01:27:55 +0000

It’s very refreshing to see a four-year view in one table. Good job!

I don’t think you need to focus on cutting food expenses … yes you can cut $700 a year if you reach your goal, but it should be easier to make $700 by being creative in your side business.