Spending trends are just what they sound like: trends in your spending. Far too many Americans live paycheck to paycheck, spending almost every dime they make.ĥ. Your savings-to-income ratio measures the percentage of your income that you’re saving every month. Ranging from 300 to 850, your credit score is affected by many factors, including your payment history and how much debt you’re carrying.Ĥ. Another key performance indicator that can affect your ability to qualify for a mortgage or other loan is your credit score. For example, someone who makes $5,000 per month and pays $500 every month in various debt payments has a debt-to-income ratio of 10%.ģ. Your debt-to-income ratio measures how much debt you’re carrying in monthly payments relative to your monthly income. In other words, if you converted everything you had into cash (without any losses or transaction fees) and paid off everything you owe, how much would you have left?Ģ. At a high level, your net worth is calculated by adding up your assets and subtracting your debts. 5 Personal Finance KPIs You Should Be Tracking …ġ.
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