March, 2020

How Do I Prepare a Personal Financial Statement?

March 26th, 2020
How Do I Prepare a Personal Financial Statement? image

When was the last time you had a “fiscal checkup”? When it comes to long-term financial planning, preparing a Personal Financial Statement (PFS) is one of the best ways to assess your current situation and keep yourself on track to meet goals. The PFS is a relatively simple document that lists what you own (assets) and what you owe (liabilities). You can use budgeting apps like Mint to review your assets and liabilities or download our blank FNBN PFS Form. When you are finished, you will have computed your personal net worth. If you already have a PFS, it’s a [ read more ]