Please choose the correct ending to complete the given sentence: Finance and Business: [header] How to prepare a financial plan [title] Assess your current financial situation. [step] In order to write a financial plan, you'll first have to have a clear picture of where your finances are now. To do so, start by calculating your net worth.

Ending1: To do so, you will need to calculate your total assets, which include everything from money in checking or investment accounts to your equity in your house and car. Then, you'll have to calculate your liabilities, including how much you still owe on your house and car, and any other outstanding debts like student loans or unpaid bills. Ending2: This can be a recent quote, a recent car loan that you've paid off, or a recent annual income. If you don't know how to gauge your net worth, go back a brief amount and then note some useful tips about how to estimate your net worth. Ending3: [substeps] To calculate net worth, start by solving the following by dividing your net worth by your income. For example, imagine you have a net worth of $4.1 , 000 usd, plus 40% of that income is at taxes. Ending4: Before you even think about setting up a retirement plan, you will be initially planning on putting aside a substantial chunk of your income in order to keep your income in tip-top shape. [substeps] To figure out your net worth, figure out how much money you can make the most out of your retirement savings and how much money you spend every day in the short term.

Answer format: ending1/ending2/ending3/ending4