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January 17, 2017

3 money numbers you'll need to know

  • Knowing your wealth ratio, overhead ratio and tax rate can help you make better financial decisions.
    • By LIZ WESTON
    NerdWallet

    Some numbers matter more than others. How much you make is important, for example, but your financial health depends far more on how much you keep.

    Knowing certain numbers can help you understand how well you're converting income into wealth, as well as the impact of your spending and tax situation on that process. The following calculations can help you make better decisions.


     
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