6 Personal Finance Metrics You Absolutely Need To Track

Everyone wants to achieve financial success, but how do you know which personal finance metrics to track?

If you want to be more purposeful in achieving financial success, these are the financial metrics you need to pay attention to.

If you have a “normal” job, you get a steady paycheck and this is pretty easy to calculate. If you’re an entrepreneur, contractor, or consultant  this might be a little harder to figure out.

Income

If you’re living paycheck and paycheck and don’t know why, I can guarantee you aren’t doing a very good job of tracking your expenses.

Expenses

If you’re already tracking your income and expenses, your savings rate is easy to measure.

Savings Rate

If there was only one personal finance metric I could track, I would choose net worth above all others.

Net Worth

Passive income is just money coming in the door that you don’t have  to work for. Usually, passive income is the result of your money working for you.

Passive Income

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