Measure Your Financial Vital Signs
Personal Finance · Intermediate
Back to Explore Habits
Net worth, savings rate, and months of runway: three numbers that tell you more than any gut feeling about your money.
Micro-habits to get started
Small actions of a few minutes to start this habit:
Calculate your net worth
Add up what you own (savings, investments, property) and subtract what you owe. Record the number with today's date.
The direction matters more than the number: aim for it to rise month after month.
15 minFind your savings rate
Divide what you saved this month by your net take-home pay.
It's the metric most within your control and the quickest to improve.
5 minCount your months of runway
Divide your emergency fund by your monthly essential expenses.
Less than one month is priority number one; three to six months brings peace of mind.
3 min