Financial Statements. You might think that this applies only to businesses. My experience is that sometimes an individual’s assets and income exceeds that of a business yet little attention is devoted to analyzing the reports for an individual. You need to treat your personal finances like a business.
There are two financial statements that you need. One is a Statement of New Worth which lists your assets and liabilities and the other is a Cash Flow Statement. There are many outstanding applications that can generate the information you need. Quicken, Mint and your online banking reporting are examples.