Easily create a comprehensive personal finance check up report...
This section of the Simple Money Solution software helps you get both a "birds-eye view" and a detailed look at your personal finances.
By quickly recording your assets, debts, income and expenses, you can create a customized 20+ page Personal Financial Check Up report.
This report will help you:
- Calculate your net worth (what you own vs. what you owe)
- Calculate the equity in your home (what it's worth vs. what you owe)
- Calculate your "debt service ratio" (showing if you have a manageable amount of debt)
- Create a summary and detailed report of your Net Worth
- Create a consolidated list of your income and expenses
- Calculate a Debt Status Report showing each debt and how much you owe
- Create a Rapid Debt Reduction Plan to eliminate your debt systematically
- Create a Debt Elimination Calendar so you will know exactly when you will be out of debt
- Create a Debt Elimination Summary showing how much interest you saved and what you can accumulate if you invest your former debt payements
- Create a Debt Elimination Options report showing how much sooner you could pay off your debts by paying more each month and how much interest you could save. It also shows the monthly payment amounts needed to pay off your debts in a given time.
- Create a Income & Expenses Summary of your actual income and expenses for any given month.
- Create a 6 month Income & Expenses comparison report to help you find places to reduce costs and save more money or put more toward paying off debt.
View a PDF file containing all of these reports. (Opens a new browser window.)
You begin by entering your income:
Next, enter your assets or the things you OWN:
Next, enter your debts (or liabilities) or the amounts you OWE:
Finally, enter your expenses or what you spend every month:
Now you are ready to print your comprehensive Financial Check Up report:
Next: Cash Management - Track your income and expenses.
Review other areas of the software:
- Financial Check Up - Create a comprehensive financial report.
- Cash Management - Track your income and expesnes.
- Income & Expense Categories - How to create and manage.
- Income & Expense Tracking - Quick and easy data entry.
- Income & Expense Reports - Print your data in a variety of ways.
- Money Tools - Simple financial calculators.
- Savings Planner - Calculate how much, how long or what rate.
- Purchase A Home - Determine an affordable home price.
- Calculate Loan Payments - Calculate payments on loans.
- Mortgage Pay Off - Estimate savings for eary pay off.
- Retirement Planner - Create a retirement plan.
- Adjust For Inflation - Calculate effects of inflation.
- Calculate An Investment - Calculate investment return.
- View Investment Spread - View investment value ranges.
- Settings/Tools - Software settings and data file tools.