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PERSONAL FINANCIAL. STATEMENT AS OF Date SUBMITTED TO: PERSONAL INFORMATION Borrower(NAME) Spouse or Borrower (NAME) Employer Address of Employer Address of Employer I Business Phone No. No. of Years
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How to fill out personal financial statement:

01
Gather all the necessary financial documents such as bank statements, investment statements, tax returns, and pay stubs.
02
Start by filling in your personal information including your name, contact information, and social security number.
03
Provide details about your assets such as cash, bank accounts, investments, real estate properties, and any other valuable possessions.
04
List all your liabilities including loans, mortgages, credit card debts, and any other outstanding payments.
05
Calculate your net worth by subtracting your liabilities from your assets.
06
Include information about your income and expenses, including your salary, bonuses, rental income, and any other sources of income, as well as your monthly expenses such as rent, utilities, and transportation.
07
Provide information about any insurance policies you have, such as life insurance or health insurance.
08
Review the completed financial statement for accuracy and make any necessary adjustments.
09
Sign and date the personal financial statement.

Who needs personal financial statement:

01
Business owners and entrepreneurs may need a personal financial statement when applying for business loans or seeking investors.
02
Individuals looking to apply for a mortgage or other types of loans may also be required to submit a personal financial statement.
03
Investors or shareholders in a company may request personal financial statements from key individuals to assess their financial stability and credibility.
04
High net worth individuals or those with complex financial situations may benefit from regularly updating and maintaining personal financial statements to track their financial progress and plan for the future.
05
In some cases, government agencies may require individuals to submit personal financial statements for tax and auditing purposes.
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Personal financial statement is a document that provides a snapshot of an individual's financial situation at a specific point in time, including assets, liabilities, income, and expenses.
Certain public officials, political candidates, and individuals in certain professions may be required to file a personal financial statement.
To fill out a personal financial statement, individuals must gather information on their assets, liabilities, income, and expenses and accurately report it on the designated form.
The purpose of a personal financial statement is to provide transparency and disclosure of an individual's financial situation to ensure compliance with relevant regulations and ethical standards.
Information such as assets, liabilities, income, expenses, investments, real estate holdings, and any other financial interests must be reported on a personal financial statement.
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