How can I evaluate my financial health?
To evaluate your financial health, start by reviewing your income, expenses, savings, and debts.
What specific metrics should I look at?
Key metrics include your net worth, savings rate, debt-to-income ratio, and emergency fund size.
How do I calculate my net worth?
Your net worth is calculated by subtracting your total liabilities from your total assets.
What is a good debt-to-income ratio?
A good debt-to-income ratio is typically below 36%, with no more than 28% of that going towards housing costs.
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