We’ve got the Financial Samurai Debt And Investment Ratio (FS-DAIR), which provides a logical framework for deciding how much to invest and how much debt to pay down every time you have some disposable income. The acronym smartly “dares” people to take action with their finances.
I now announce the Financial Samurai Fiscal Responsibility Score (FS-FR) for measuring each individual’s fiscal responsibility level in a fun and easy way. I expect some of you who have a low FS-FR Score will probably not be very happy with the concept and bash the crap out of it. But, that’s part of the fun!
Financial concepts are usually quite dull and hard to comprehend. As a result, they are never followed. But if you come up with something simple like the 1/10th Rule For Car Buying, it might just catch on and save thousands of people from spending more than they should on a depreciating asset.
Before publishing this post, I researched the internet and found nothing similar to the FS-FR Score. Therefore, I’m pleased to report that once again, a new concept is born that may revolutionize our finances!