Savings Rate Analyzer
Savings Rate Analyzer
Optimize your savings rate to achieve financial independence faster
✓100% Halal - Pure Mathematical Analysis
Your Financial Information
Your total monthly income from all sources
All monthly living expenses and bills
Amount you actually save/invest monthly
Recommended: 50%+ for FIRE, 20%+ for financial security
Savings Rate Guidelines
50%+ - FIRE Territory
Can achieve financial independence in 15-20 years
30-49% - Strong Saver
Good progress toward financial goals
20-29% - Building Foundation
Basic financial security, room for improvement
Below 20% - Take Action
Focus on reducing expenses or increasing income
Current Status
30.0%
Good - On Track
Rs 100,000
Monthly Income
Rs 30,000
Monthly Savings
🔍 Analysis
Gap to Target
You need to increase your savings rate by 20.0% to reach your target.
To reach 50% savings rate:
• Reduce monthly expenses by: Rs 20,000
• Or increase monthly income by: Rs 40,000
Discretionary Income
Rs 30,000/month
Annual Savings
Rs 360,000/year
Progress Visualization
Current vs Target30.0% → 50%
Income
100%
Expenses
70.0%
Savings
30.0%
Tips to Increase Savings Rate
Track Expenses
Use apps to monitor every expense and identify unnecessary spending
🏠
Reduce Housing Costs
Consider downsizing, roommates, or moving to cheaper areas
🚗
Transportation
Use public transport, carpool, or consider a more fuel-efficient vehicle
Food & Dining
Cook at home, meal prep, and limit restaurant visits
💼
Increase Income
Ask for raises, develop side hustles, or switch to higher-paying jobs
Set Goals
Have specific financial goals to stay motivated and focused