In this week's episode, Brad and Jonathan continue along their, "Financial Independence A to Z," journey by examining savings rate and the many different ways it can be calculated! One of the pillars that sets the FI community apart is the emphasis on saving money in order to unlock more in your life. So, by having the right tools needed to calculate your savings rate, you can begin to make adjustments and hopefully start the process of taking back your time!

Timestamps

0:59 - Introductions
4:30 - Ben's Question
7:41 - How Do You Calculate Your Savings Rate?
12:00 - Why Savings Rate Is Important
18:25 - Nuances In Saving
21:55 - Calculation Example
28:15 - Scenario Three
37:57 - Looking At The Nuances
46:56 - Conclusion

Resources Mentioned In Today’s Conversation

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Episode description

375 | What is Savings Rate and How to Calculate It?

Episode description