Will Figuring Out Your Saving Rate Help Increase Wealth?

Calculating personal savings rate can be easy or hard.
Photo credit: Geralt via Pixabay.

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Have you ever tried to calculate your personal saving rate? The process can be incredibly simple or staggeringly complex. This post examines the idea behind a personal saving rate, without getting bogged down by the math.

Read any number of finance blogs, and you’ll start to get the impression that many of them are written by math nerds. Left-brained writers who love to crunch numbers and calculate personal saving rates for fun.

I am not one of them.

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