What is Savings Rate? Savings Rate is a key indicator of your financial health. It's the percentage of your annual gross income you're saving. Total Annual Savings / Total Personal Income = Savings Rate Example: Assume your annual gross income is $300K. If you save...
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From The Blog
Monitoring Financial Health: Burn Rate
What is Burn Rate? Burn Rate is a key indicator of your financial health. It's the percentage of your annual gross income that goes to living expenses. Annual Living Expenses / Total Personal Income = Burn Rate Example: If you spend $12K/month and your annual gross...
Monitoring Financial Health: Equity Rate
What is Equity Rate? Equity Rate is an important financial metric. It's the percentage of your investment portfolio that's in stocks. "Equity" is another word for "stock." Equity (Stock) Investments / Total Investments = Equity Rate Example: Assume you have $2...
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