Installed! One of the best things I did last year was updating my monthly financial reports to include a Personal Balance Sheet. It suddenly refocused us on "w

Installed! One of the best things I did last year was updating my monthly financial reports to include a Personal Balance Sheet. It suddenly refocused us on "what will impact our wealth" rather than "how much income did we make this month". I write it longhand in coloured pens because I like that tangibility, but having some graphs etc would be nice as well. I also add two other metrics (haven't played with the app yet, still downloading, so you may have these / others). I got them both from Kiyosaki's Cashflow Quadrant. The first is a ratio of Net Wealth to Total Liabilities. Doesn't tell us much by itself, though it's good to see it trending upwards. The second is the percentage of monthly Passive (eg, Rent) and Portfolio (eg, Dividends) Income to monthly expenses. So if it costs you $10k/mth to live and you have rental income of $2k you'd be 20% of the way to covering your life costs without 'actively' working. Also nice to see trending upwards.