Beruflich Dokumente
Kultur Dokumente
Monetary
Assets
Tangible
Assets
Cash
on
hand
Checking
Account
Savings
Account
Other
Total
Monetary
Assets
$450
$78.16
$100.01
$375
$1,003.17
2.20%
0.38%
0.49%
1.83%
4.90%
Personal
Property
Vehicle
Total
Tangible
Assets
$2,000
$15,490
$17,490
9.76%
75.59%
85.35%
Investment
Assets
Government
Bonds
$2,000
Total
Investment
Assets
Total
Assets
$2,000
9.76%
$20,493.17
9.76%
100%
$22.08
$45.71
0.39%
0.81%
$67.79
1.20%
$5,563
$5,563
98.80%
98.80%
$5,630.79
$14,862.38
$20,493.17
27.48%
72.52%
100%
LIABILITIES
Short-Term
Liabilities
Water
Bill
due
Credit
Card
Bill
due
Total
Short-Term
Liabilities
Long-Term
Liabilities
Student
Loan
Total
Long-Term
Liabilities
Total
Liabilities
Net
Worth
Total
Liabilities
and
Net
Worth
$100
$550
$100
$750
13.33%
73.33%
13.33%
100%
$100
$100
$75
$50
$50
$15
$75
$15
$280
$380
26.32%
26.32%
19.74%
13.16%
13.16%
3.95%
19.74%
3.95%
73.68%
100%
$370
49.33%
EXPENDITURES
Fixed
Expenses
Rent
Total
Fixed
Expenses
Variable
Expenses
Bills
Medicine
Groceries
Car
Maintenance
Eating
out
Miscellaneous
Total
Variable
Expenses
Total
Expenses
SURPLUS
(DEFICIT)
Ratio
Analysis
Liquidity
Ratio
Monetary
Assets/Monthly
expenses=
$1,003.17/$380
=
2.64
The
liquidity
ratio
gives
an
illustration
of
the
number
of
months
in
which
living
expenses
can
be
paid
should
an
emergency
arise;
3-6
months
is
preferred.
My
liquidity
ratio
is
2.64,
which
means
that
my
living
expenses
can
be
paid
for
2.64
months
should
an
emergency
arise.
Since
3-6
months
is
the
preferred
benchmark,
I
would
like
for
this
number
to
increase
a
little
bit.
This
will
come
from
either
having
more
monetary
assets
or
reducing
monthly
expenses.
Asset-to-Debt
Ratio
Total
Assets/Total
Debt=
$20,493.17/
$5,630.79=
3.64
The
Asset-to-Debt
Ratio
provides
a
broad
measure
of
ones
financial
liquidity;
a
high
ratio
is
desirable.
My
Asset-to-Debt
ratio
is
3.64,
which
is
extremely
close
to
one
of
the
examples
given
in
our
textbook.
While
this
isnt
a
bad
number,
I
would
like
to
see
this
number
get
bigger
in
the
near
future.
Debt-to-Income
Ratio
(Annual
debt
repayments/gross
income)
x100
=
($350/$9,000)
x100=
3.89%
The
Debt-to-Income
Ratio
compares
amount
spend
on
debt
repayments
to
gross
income;
should
be
36
or
less
and
should
decline
as
one
grows
older.
My
debt-to-
Income
ratio
of
3.89%
is
extremely
low
not
necessarily
because
of
high
gross
income,
but
because
my
annual
debt
repayments
are
relatively
low.
Debt
Payments-to-disposable
Income
Ratio
Monthly
non-mortgage
debt
payments/monthly
disposable
(not
gross)
income=
$50/$700=
7.14%
The
Debt
Payments-to-disposable
Income
Ratio
estimates
funds
available
for
debt
repayment.
Our
textbook
suggests
that
14%
or
less
is
desirable
and
16%
or
more
is
problematic.
Investment
Assets-to-Total
Assets
Ratio
Investments
assets/Total
Assets
=
$2,000/$20,493.17=
9.76%
The
Investment
Assets-to-Total
Assets
ratio
illustrates
how
well
one
is
advancing
towards
their
financial
goals.
Our
textbook
suggests
that
one
should
have
a
ratio
of
10
for
people
in
their
20s,
11
to
30
for
those
in
their
30s,
and
31
or
higher
for
older
adults.
My
ratio
is
just
below
10,
so
I
am
not
too
far
behind,
but
there
is
some
catching
up
to
do.