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Web how to create a personal balance sheet. With this information, you can make adjustments that could either. Web having a personal balance sheet template is a great way to keep track of everything you owe and own. Personal cash flow statement a personal cash flow statement. This may include your home, mortgage, car, auto loan, taxes, savings. Web a personal balance sheet summarizes your assets and liabilities to calculate your net worth. Make a list of your assets and where to get the most current values. Your balance sheet will include all your assets and liabilities. Web a personal balance sheet helps you reflect on your net worth, whether positive or negative, and identify areas where you can work to improve it. Make a list of your debts.