Family liabilities include all debts owed by all family members to non-family members, which can be divided into current liabilities and long-term liabilities. In addition, the household balance sheet mainly includes three parts: household assets, household liabilities and net assets. Insurance? Experts said that through the family balance sheet, we can not only understand the current assets and liabilities of families, but also play a very important role in analyzing the liquidity, profitability and financial risks of family assets.

Family assets

Family assets can be divided into financial assets and physical assets, and financial assets can be further subdivided into cash and cash equivalents and other financial assets.

1. Cash and cash equivalents. This is the most liquid asset in the family, mainly including cash, bank deposits, demand deposits and money market funds, and it is the main source of family emergency funds. Under normal circumstances, it is necessary to maintain a family's consumption for six months.

2. Other financial assets. Refers to those financial assets that can bring future value-added benefits except cash and cash equivalents, including stocks, bonds, funds, options, futures, insurance, precious metals investment, etc. These financial assets are the most important in family financial planning, because they are the source of financial goals. Except for real estate, most financial management is aimed at these financial assets.

3. Physical assets. It is a variety of physical assets used or collected in family life and can be divided into self-use assets and luxury assets. The former is an indispensable asset of family life, such as self-housing, cars, furniture, household appliances, clothing and so on. The latter mainly refers to non-necessities of life, such as jewelry, valuable collectibles, holiday villas and so on. The division of self-use assets and luxury assets is related to the judgment standard of a specific family. The main difference between the two is that luxury assets are more valuable when sold.

Family liabilities include all debts owed by all family members to non-family members, which can be divided into current liabilities and long-term liabilities.

1. Current liabilities. Refers to the liabilities due within one month, including credit card, telephone bill, electricity bill, water bill, gas bill, repair fee, rent, property tax, income tax, insurance premium, long-term loans payable in the current period, etc.

2. Long-term debt. Refers to the liabilities that are due or need to be repaid monthly after many years 1 month, among which the most typical are various personal housing loans, consumer loans and pledge loans.

Net value of property

Net asset value = total assets-total liabilities, that is, the assets actually owned at present.

After understanding the main contents of family balance sheet, we should also reasonably evaluate and measure the value of family assets and liabilities, otherwise it will lead to data distortion and directly affect the results of analysis and judgment.

The valuation and measurement methods are as follows: 1, cash and cash equivalents. The valuation is mainly based on the original value of the assets, and the interest income is the income of the current year.

2. Other financial assets. Usually measured by market value. Due to the fluctuation of market value, it is difficult to determine whether to confirm the profit and loss. In practice, it can be confirmed according to the principle that the appreciation or impairment of financial assets can be determined and maintained for a long time. If it can be determined and maintained for a long time, it will be confirmed and the value of financial assets will be adjusted at the same time. For example, to determine the appreciation of bonds, the book records should be reflected; Due to the frequent fluctuation of stock price and the uncertainty of stock appreciation, the book records should not be confirmed. However, the stock impairment should be determined according to the actual situation. If someone once bought 1000 shares at the price of10 yuan/share, but the stock has now fallen to 5 yuan, it will be difficult to restore the original price in the future. At this time, the value of stock assets should be measured at 5000 yuan, not at the original price 100 yuan.

3. Physical assets. The determination of asset value depends on objective conditions. Commonly used measurement methods are:

1 Bulk assets such as houses and automobiles are measured at the market price;

(2) Available-for-sale assets, jewellery and other luxury assets are measured at market value minus disposal expenses;

③ Assets planned to be held for a long time are measured at depreciation cost;

4. Other self-use assets are measured at replacement cost.

After understanding the main contents of family balance sheet and the evaluation and measurement methods of family assets and liabilities, you can design and fill in the family balance sheet.