Are You Financially Efficient?

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Are You Being Financially Efficient?:
There are a lot of ways to measure financial progress. From watching the growth of your net worth over the years, to comparing your passive income with your ongoing expenses, and many others besides.

But measuring accumulated wealth and/or your income situation aren’t the only metrics that may be of interest to individual investors. One thing that’s also interesting to look at is how much you’re making out of what you have earned. In other words, how efficient you’re being with your money.

Today we discuss a measurement that attempts to pinpoint how financially efficient you are.

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