FAQ
Net Worth Tracker - Frequently Asked Questions
Answers to common questions about tracking your net worth over time.
Net Worth Tracking
How often do I need to update my net worth?
The template is set up for monthly tracking, which gives a clear picture of trends without being overwhelming. Some people update on the first of each month to keep things consistent.
What asset categories are included?
The template covers 11 asset categories including real estate, bonds, retirement accounts, crypto, stocks, cash, and more. Each category has its own section so nothing gets lost in the totals. You can always rename categories or add new ones to match your situation.
Can I track liabilities like student loans and mortgages?
Yes, there are 7 liability categories covering mortgages, student loans, credit cards, auto loans, and other common debts. Net worth is calculated automatically as assets minus liabilities. You can always rename categories or add new ones.
How does the month-to-month change tracking work?
The dashboard automatically calculates dollar and percentage changes between months for your total net worth, assets, and liabilities.
Does the template generate charts automatically?
Yes. Charts update as you enter data, showing net worth growth, asset allocation breakdowns, and trends over time. No manual chart creation needed.
Milestones & Goals
What are net worth milestones and how do they work?
Milestones are markers like "Net Worth $100K" or "Debt Free" that get crossed automatically when you reach them. The template records when each milestone was hit so you can see your progress history.
Can I set custom net worth goals?
Yes, the template is fully customizable. You can add your own milestones and goals beyond the ones that come pre-configured.
What is the debt-to-asset ratio and why does the template track it?
Debt-to-asset ratio shows how much of your total assets are offset by debt. It is one of the key metrics the template calculates automatically - useful for seeing the bigger picture beyond just net worth.
How does the liquid vs illiquid asset breakdown work?
The template separates assets into liquid (cash, stocks - things you can access quickly) and illiquid (real estate, retirement accounts - things tied up longer term). You can configure which categories count as liquid or illiquid in the setup. This gives a clearer view of what is actually accessible.
Can I track year-to-date progress?
Yes. The template includes YTD comparisons so you can see how your total net worth, assets, and liabilities have changed since the start of the year.
Choosing the Right Template
How is the Net Worth Tracker different from the Monthly Budget Template?
The Monthly Budget Template focuses on income and spending for a single month. The Net Worth Tracker looks at the full picture - all your assets and debts over time. They complement each other well.
Which template is right for me if I just want to see my overall financial picture?
The Net Worth Tracker is designed exactly for that. It consolidates all assets and liabilities into one dashboard with trends, milestones, and key ratios.
Can I upgrade to a bundle later if I start with just this template?
Yes. If you later want to add more templates, bundles are available at a discount. Your Net Worth Tracker purchase and data stay exactly as they are.
Do you have access to my financial data?
No. The template runs entirely in your own Google Sheets account. We never see, access, or store any of your financial information. Your data stays 100% private.
Is this template financial advice?
No. The Net Worth Tracker is a tool for organizing and visualizing your finances. It does not provide financial advice or recommendations. For personalized guidance, a qualified financial advisor is the right resource.
Getting Started & Support
How do I get started after purchasing the Net Worth Tracker?
After purchase, you will get an email with full instructions for getting started. The template runs in Google Sheets and includes a setup guide to help you enter your starting balances.
Can I customize the asset and liability categories?
Yes, the template is fully customizable. You can rename categories, add new ones, or remove any that do not apply to your situation.
Do I need a Google account to use this template?
Yes, a free Google account is required since the template runs in Google Sheets. Google Sheets is free and works on any device - computer, tablet, or phone.
What happens if I need help setting up the template?
Every template includes a setup guide with step-by-step instructions and sample data.
Do you offer refunds?
Yes. There is a 14-day satisfaction guarantee on all paid templates. If the template does not work as described, contact us within 14 days for a full refund.