1. The Numbers
Income this month: $16,523
Expenses this month: $7,661
Total debt: $240,557 → $229,921
Savings Rate: 53%
Liquidity: 0.53 months
2. Fragility Score
37% Fragility
Rating: Highly Fragile
3. What Improved
Paid off my student loan. One credit card and one car loan to go.
4. What I Need to Improve
Save more to increase liquidity.
5. What Phase I’m In
Still in the Stabilize phase. I have made a significant cut in my debt, but my liquidity still needs to be improved in order to improve my Fragility Score, which I'll focus on after I knock out my credit card and high interest car loan.
Stability Play of the Month
01. Do the Math.
Calculate your Fragility Score for the first time.