Savings Rate - The Secret Sauce to Retire Rich
School of Personal Finance School of Personal Finance
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 Published On Aug 27, 2021

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Savings rate might just be the most important metric when it comes to personal finance. All you need to do to calculate your savings rate is divide the amount of money you save each year into the amount of your net income. It is as simple as that. The higher your savings rate the sooner you can reach financial independence and say goodbye to your day job.

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To Becoming Great with Money,
Rich McCormack, CFP®
www.schoolofpersonalfinance.com

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