A simple balance sheet can go along way to helping you on those yearly taxes.
Information you might use to file your tax return may be good for estimating your net worth. Bruce Rathkamp, President and Owner of Rathkamp Financial, says the best way to generate that number is to create a balance sheet.
Rathkamp says balance sheets help you with goal setting.
And he says you can use a basic computer program, like Microsoft Word or Excel, to create the balance sheet.