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Focus on what you have learned about yourself and personal financial intelligence. I expect you to demonstrate your understanding of the ratios and ratio categories
Focus on what you have learned about yourself and personal financial intelligence. I expect you to demonstrate your understanding of the ratios and ratio categories central to this module as they apply to your financial situation. You should address the main financial ratio categories as they pertain to your financial situation.
Liquidity Cath Rado The ability to repay ST debt with cash -cash & ST Inv / ST Lab Imergency Fund -6 months of total expenses Your Wealth Number; How many months are you free? Your wealth number - Your available money / Your n Leverage: The use OL 6DM Net Worth Total Wealth Total Assets - Total Liabilities Net Worth Ratio How much #s should you have at what DEs (I CONSIE Net Worth Ratio - Age x (Pretax income / 10) Solvency Net worth / total assets Debt to Assets Rano How much debt is used to support $ 1 in Assets Total Liabilitys / Total Assets Activity How effectiveMbalace sheet items are turned into income Passive Income RESO How hard is your money working for you relative to - Passive Income/ Primary income Efficiency/ Profitability How effectively.is gross income turned into.net income How much of income is seine to debt series - All Principal and interest payments / gross income Savings/ Gross Income 20-60-50 BOVINE / Housing / All 20% of net pay should go ingelse sols of not pay on housing 5okk on everything chic How much mighteden far -Lax 2. K primary incon Q Search hpinity G Gmail -| YouTube Maps M eBooks - My Books.. | Handshake Team M. -+80% View as Text | |Download Mortgage Radio housing payment should you aff (Prin, Int, Tax and Ins) / Gross income.(1 sen a a8% target for housing. Debt Ratio How much total debt payments can you afford? max do) - all debt payments/ gross income ... (I cons Other Investing Ratio Helps determine the percentage of your assets in car Investing Ratio (equity) -120 - Your age: remaining $ Side Hustle Radio How effective is your side hustle relative to your prim Side Hustle Income / Primary Income Financial Freedom Ratio What is your ability to replace your primary income? (Side Hustle * Passive Income) / Primary Income Personal cost of debt What is your weighted cost of debs relative to histori Target: below 4.5/ How much money do you need in rearement savings - 25" Primary Income assumes s/ withdrawal rate Credit Card uses- Kase /charEs Ceva Card limits keep below 3074 Personal financial literacy heres //wwww.richded.com/your-wealth number Martes //millionairemob.com/personal financial http//blogs.ifas ufl edu hillsboroughceStep by Step Solution
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