What if your money is trying to tell you something, and you’re not listening?
When you visit your doctor, they check your blood pressure, heart rate, and temperature. Simple numbers that say a lot about your overall health.
Your finances work the same way.
Most people keep an eye on their bank balance or the value of their home, but those are just snapshots. To really understand your financial well-being, you need to look a little deeper. There are five key numbers that, together, tell the full story.
- Your net worth shows what you’ve built so far. It’s the difference between what you own and what you owe, and it reveals whether you’re moving in the right direction over time.
- Your debt-to-income ratio shows how much of your income goes toward repayments. If that number keeps rising, it can point to stress before you feel it in your day-to-day budget.
- Your savings rate tells you how much of your income is actually being kept for your future. Even a small, consistent rate builds strength over time.
- Your emergency fund is the safety net that protects all of it. Three to six months of living costs is ideal, but any cushion is better than none.
- Your investment mix and retirement readiness are the long-term indicators. They show whether your plan still matches your goals, risk tolerance, and lifestyle.
When these numbers are healthy, you feel it. You make decisions with confidence. You sleep a little easier.
At Connect Wealth, we help clients read their financial vital signs and adjust their plan before small issues turn into bigger ones.
Your money is always speaking. Let’s make sure it’s telling the right story. Connect with us today.
