Net Worth Debt Ratio in Toolkit Report

As I wrapped up November and updated all my accounts for my net worth report, I noticed a cool new feature of the Toolkit Net Worth report: Debt Ratio.

My debt ratio in 2012 was 57% and it has steadily declined to the 18% it's at today. It was awesome to see that and be able to track it over time.

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  • I think it's been there a while, but I can't pinpoint exactly when it arrived. I, too, think it's a cool feature, and have enjoyed seeing my debt ratio come down from 431% (!!!!!!) to 40%.

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      • Vibrant
      • No more counting dollars, we'll be counting stars
      • vibrant
      • 9 mths ago
      • 4
      • Reported - view

      Krys I started at 1124% (not a typo) not counting student loans or retirement accounts. My low to date was August at 54%, then I moved and spent All The Money and now I'm hovering right around 100% until I build my sinking funds back up.  🙃 

      Like 4
      • Krys
      • I like bacon and sarcasm
      • Krys
      • 9 mths ago
      • Reported - view

      Vibrant I've been following your journal, and it's really impressive what you've been able to do with some incredibly focused effort over the past couple years.

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    • nolesrule
    • Stealing From the Future fix is an improvement but is incomplete....
    • nolesrule
    • 9 mths ago
    • 2
    • Reported - view

    We've gone from 31% to 20% over 6.5 years. But it's more or less been our mortgages (plus whatever the CC balances were that month). And we're on our 3rd house and the current debt as a raw amount is 3.14x what it was when we started using YNAB. Bigger houses are more expensive. 🤷‍♂️

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      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 9 mths ago
      • 1
      • Reported - view

      nolesrule Yep, same for me. Down to a single mortgage on my most expensive house to date plus PIF CCs. Back in 2012, I had 2 mortgages, a car loan, a tiny EF, and very little in the way of Rule 3 funds.

      Like 1
  • Since 2014 mine has gone from 43% to 25%/26% (depends on if it's before or after my PIF CC payments have gone out) for 2 mortgages and that includes paying off my student loans about 4 months after starting YNAB and the small 10% 2nd mortgage on my condo in spring of 2015 and then adding the mortgage for my rental property in summer 2017.

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  • Thanks for pointing out the debt ratio Superbone . I have one mortgage and 2 PIF CC. Still I didn't like seeing the percentage, so I finally added my 403b in the tracking area. Ha, much better. 

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