Personal Balance Sheet Templates

All of us have financial goals. It could be buying a car, retiring early, taking a month-long vacation, or all of these. But it requires careful financial planning to achieve them. 

When it comes to managing personal finances and creating an investment strategy, most people either find it unnecessary or are debilitated by the idea of evaluating their income, expenses, assets, and liabilities.

Whether you belong to the first lot or the second, personal balance sheet templates are all you need to start making a personal financial statement. 

Read on as we enlist the top personal balance sheet templates for managing personal finances. Use these free resources to create financial statements, ascertain your net worth, strategize your next move—everything! ✅️

Let’s start. 

Summarize this article with AI ClickUp Brain not only saves you precious time by instantly summarizing articles, it also leverages AI to connect your tasks, docs, people, and more, streamlining your workflow like never before. Summarize article

Summarize this article for me please

Want to save even more time? Try ClickUp Brain free

What Are Personal Balance Sheet Templates?

Also known as a personal financial statement template, a personal balance sheet template is an editable document that lets you track and determine your financial standing at a specific time. Such templates are pre-formatted and customizable, with dedicated fields for listing assets, liabilities, and net worth—much like the company-standard traditional balance sheet. 

Using these documents, you effortlessly gather useful financial data and details—income, expenditures, debts, loans, investments, etc.—for bookkeeping, forming financial statements, evaluating your financial health, and setting financial goals. 🎯

Summarize this article with AI ClickUp Brain not only saves you precious time by instantly summarizing articles, it also leverages AI to connect your tasks, docs, people, and more, streamlining your workflow like never before. Summarize article

Summarize this article for me please

Want to save even more time? Try ClickUp Brain free

What Makes a Good Personal Balance Sheet Template?

The idea of a good personal balance sheet template is subjective as it depends on two individual factors—a user’s needs and their subject-matter expertise.

However, these are some attributes that you should look for in a personal financial statement template to ensure it’s high-quality and apt, irrespective of your needs and expertise: 

• Clean structure: Go for a personal balance sheet template with a clean format. Ideally, you should be able to view and track all your assets, liabilities, and equity without a professional financial advisor 🙎
• Comprehensive coverage: Look for a personal financial statement template that includes provisions for everything—mortgages, loans, income, money in savings accounts, capital gains, investments of significant value, etc.—in one place for quick and easy assessment 💯
• Automated calculations: Choose a personal balance sheet template that eliminates the need for manual calculation. You should be able to calculate figures like total personal loans, current property value, etc., automatically through built-in formulas 🧮
• Customizability: Select a personal financial statement template that lets you customize fields. For instance, it should let you add/remove sub-categories, like current assets, current liabilities, long-term liabilities, short-term loans, short-term gains, accounts receivable, accounts payable, etc., to align with your needs 🛠️
• Visual aids: Pick a personal financial statement template that visualizes important figures and data in the form of graphs, charts, etc., for better comprehension and decision-making 😎

Summarize this article with AI ClickUp Brain not only saves you precious time by instantly summarizing articles, it also leverages AI to connect your tasks, docs, people, and more, streamlining your workflow like never before. Summarize article

Summarize this article for me please

Want to save even more time? Try ClickUp Brain free

10 Personal Balance Sheet Templates

Use these free, high-quality resources to calculate your net worth and easily plan your finances.

1. ClickUp Personal Balance Sheet Template

Download This Template

Imagine a document that accurately and effortlessly indicates what you own and owe, your cash flow status, etc. The ClickUp Personal Balance Sheet Template is that and more.

Easy to use and customize, this template’s main purpose is to give you a clear view of your total liabilities and assets. Effortlessly check everything, from how many loan payments are due or how many short-term investments you have!

But that’s not all!

This template also helps you modify your investment strategy by highlighting your investments in mutual funds, stocks, bonds, etc., and indicating their potential risks and opportunities.

Here’s why you’ll love it:

• Ensure continued success by understanding and building on the necessary cash flow and income streams
• Customize statuses to monitor your financial statement progress
• Use multiple views like List, Gantt, and Workload for better management
• Collaborate with your team on financial goals with comment reactions and AI

2. ClickUp Personal Balanced Scorecard Template

Download This Template

Do you have your financial goals in place? If so, the ClickUp Personal Balanced Scorecard Template is all you need to get a step closer to achieving them!

This template functions strategically by setting KPIs and tracking them to ensure all your financial moves align with your objectives. Each time you deviate from your objective, the template flags the KPI to keep you disciplined and accountable.

Over time, this improves your relationship with money and helps create a foolproof plan for handling finances. 

Here’s why you’ll love it:

• Enhance KPI tracking with features like comment reactions, prioritized tasks, and nested subtasks
• Organize financial targets, timeframes, and progress with Custom Fields
• Use data-driven insights to improve your financial decision-making
• Keep updating and reviewing this whiteboard scorecard template by setting recurring tasks on ClickUp

3. ClickUp General Ledger Template

Download This Template

While mainly designed to help small businesses compare their total assets and spending, the ClickUp General Ledger Template can easily generate a personal financial statement.

How? This easy-to-use and customizable template specializes in maintaining accurate ledgers of debit and credit transactions. Thus, it proves useful in managing cash flows—particularly ascertaining sources of cash inflow and outflow. Consequently, the data from the template helps supplement personal financial statement preparation.

Here’s why you’ll love it:

• Access and organize information with five unique views, such as General Ledger, Profit Loss, and Transactions
• Get all vital transactional information in one place to visualize them
• Track multiple accounts with 10+ Custom Fields for in-depth analysis
• Generate custom reports to stay updated with your finances

4. ClickUp Personal Budget Template

Download This Template

Efficient budgeting is the key to achieving financial objectives. This is where the ClickUp Personal Budget Template helps you make the most of your income. Clean, simple, and organized, this template tracks living expenses such as electricity bills, credit card debt, etc., to show your month-end savings.

This ensures two things. First, every crucial debt or expense is settled promptly. Second, you have a clear picture of your total cash after accounting for all the money you owe, so you know how long it will take to achieve a specific financial goal. 

Here’s why you’ll love it:

• Identify spending patterns affecting you and make better personal budgetary decisions
• Prioritize and adjust your monthly budget based on evolving financial goals
• Stay on top of arrears and expenses with built-in tracking tools
• Plan for long-term goals like retirement or savings with this detailed template

5. ClickUp Personal Budget Plan Template

Download This Template

The ClickUp Personal Budget Plan Template is similar to the one listed above—just slightly more advanced. 

Like the personal budget template, it lets you track your income and expenditures to manage your cash more efficiently. In addition, it specifies details on outstanding debt amounts, due dates, etc., to accurately determine your financial standing and maneuver your plans accordingly.

Here’s why you’ll love it:

• Monitor outstanding debts and due dates to stay on track
• Visualize financial status and future goals with multiple views
• Adjust spending and financial goals quickly with custom categories
• Manage expenses to avoid financial disruptions

6. ClickUp Personal Finance Management Template

Download This Template

Managing a personal budget can often feel overwhelming, but the ClickUp Personal Finance Management Template is designed to optimize the process. Whether you’re looking to build a personal balance sheet, track your monthly budget, or set financial objectives, this template offers customizable tools to give you full control over your financial health.

Suppose you plan to take out home and car loans. This template will budget for your total income and expenses to help determine how much surplus money you’ll need to pay monthly loan premiums and settle the total debt on time.

Moreover, if you have multiple active loans, this template will also help you keep track of the total amount due to every lender.

Here’s why you’ll love it:

• Set financial objectives by integrating this template with ClickUp Docs and Tasks
• Use visual analytics tools to evaluate your financial performances
• Organize finances with customizable statuses and fields
• Collaborate with your team or advisors for better financial planning

7. Personal Balance Sheet Template by Spreadsheet Shoppe

Looking for a personal financial statement template that calculates your net worth on your behalf?

The Personal Balance Sheet Template by Spreadsheet Shoppe should appeal to you. This Excel-based template specifies a negative or positive net worth by comparing assets and liabilities.

The tool is even beneficial for tracking and managing debts and plays a crucial role in evaluating the value of personal assets. By closely monitoring your financial obligations, make informed decisions that lead to better finances.

Here’s why you’ll love it:

• Map out the growth or regression of your total net worth with the built-in graph representation
• Use Excel’s familiar interface for easy data entry and management
• Keep your financial data organized with simple asset categorization

8. Personal Financial Statement Template by Vertex42

The Personal Financial Statement Template by Vertex42 is a versatile resource. 

It is divided into three parts—personal balance sheet, personal cash flow, and personal financial statement. They address all your cash inflows, outflows, liabilities, and assets to generate your financial statement and help you file tax returns.

Additionally, this template proves useful in ascertaining the market value of assets like property, home equity, etc., to help you manage them more efficiently.

Here’s why you’ll love it:

• Calculate common yet effective financial ratios like the Debt-to-Asset Ratio, Debt-to-Income Ratio, and Basic Liquidity Ratio
• Simplify tax filing and financial assessments with comprehensive data input
• List all your contact info for loan applications with the Info Sheet

9. Startup Balance Sheet Template by Template.net

Despite being designed to analyze small business finances, the Startup Balance Sheet Template by Template.net is also useful for simplifying your accounting process.

Use the simple visual design to list and track all your fixed assets, liquid assets, fixed liabilities, current liabilities, and other details to determine the value of your equity. This template also stands out for its ease of use and comprehension.

Here’s why you’ll love it:

• Easily track assets, liabilities, and equity in one simple sheet
• Effectively allocate resources and design growth strategies due to the financial clarity
• Get columns marked as months to get a horizontal view of your finances

10. Quarterly Balance Sheet Template by Template.net

The Quarterly Balance Sheet Template by Template.net is another useful business resource.

This fundamental template consolidates all your fixed assets, current assets, long-term liabilities, short-term liabilities, etc., to give you a quarterly view of your business’s equity. Highly customizable, you can easily use it for personal purposes, i.e., to determine your net worth.

Here’s why you’ll love it:

• Maintain quality with this industry-compliant template in six different formats, including Microsoft Excel and Apple Numbers
• Track business equity over time with detailed reports
• Customizable for both business and personal financial tracking

Summarize this article with AI ClickUp Brain not only saves you precious time by instantly summarizing articles, it also leverages AI to connect your tasks, docs, people, and more, streamlining your workflow like never before. Summarize article

Summarize this article for me please

Want to save even more time? Try ClickUp Brain free

Manage Your Personal Finances Smartly With ClickUp

Managing your finances can feel daunting, but is non-negotiable for ensuring financial security.

ClickUp’s Personal Balance Sheet Templates act as a one-stop solution for tracking assets, liabilities, and net worth, clearly depicting your financial standing.

Along with user-friendly features for tracking your financial activity, maintaining documentation, and reminders for making investments and payments, ClickUp can be your personal aide for financial management.

Sign up here for a free ClickUp account today.

Everything you need to stay organized and get work done.

Sign Up Contact Sales