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The free Household Net Worth Spreadsheet is part of a financial planning series called How to Make a Budget. To start this series from the beginning, read the introduction.

I’ve put together a bunch of free budget worksheets for this series, starting with the household net worth spreadsheet. Periodically calculating your net worth — the value of your assets minus your liabilities — is one of the best ways to track your financial well-being (I think). Knowing your individual or household net worth can also help you to reach your financial goals sooner.

If you want all the juicy net worth calculation details on what to include, then check out Financial Planning: How to Find Your Net Worth.

Anybudgetingbusiness, let’s get to the budgeting tools. After asking the friendly folks on the Squawkfox Facebook Page about their successful budgeting secrets, I decided to create two excel spreadsheets — an American version and a Canadian version. Since Americans don’t care so much about RRSPs and Canucks don’t have Roth IRAs, it just makes sense to have specific net worth spreadsheets for everyone.

So go grab a binder, make a workbook, and print out the worksheet that works for your country. Keeping a record and tracking your budget in a three ring binder keeps your paperwork in one place.

Household Net Worth Spreadsheet (American)

Americans can use this net worth excel spreadsheet for either individual or household use.

Download: Household Net Worth Spreadsheet (American)

Here are a few different ways to use this simple excel spreadsheet:

• Add up your 401k, Roth IRAs, Traditional IRAs, CDs, and US pension plans
• Use as a net worth calculator
• Print it out to use as a worksheet
• Tally your household net worth OR find your individual net worth
• Track your liabilities
• Find your assets
• Establish a baseline for reaching your goals.

Household Net Worth Spreadsheet (Canadian)

Canadians can use this net worth spreadsheet for either individual or household use.

Download: Household Net Worth Spreadsheet (Canadian)

Here are a few different ways to use this simple excel spreadsheet:

• Add up your RRSPs, TFSAs, GICs, and RESPs.
• Use as a net worth calculator
• Print it out to use as a worksheet
• Tally your household net worth OR find your individual net worth
• Track your liabilities
• Find your assets
• Establish a baseline for reaching your goals.

Your Two Cents: When was the last time you calculated your net worth?