Hosted on MSN

The money clock: How your savings burn rate determines your financial runway

"Burn rate" refers to how much cash a company consumes in a certain period, commonly monthly, to cover all of their expenses. Most commonly, it's used to discuss companies that are unprofitable and ...
AOL

Think slowing your 'burn rate' can keep you afloat if you lose your job? Here's why it probably won't last long — and what you should do instead

If you’re furloughed or lose your job, do you know how much money you’d need to bridge the gap until you start getting a paycheck again? This refers to your so-called “burn rate” — a term commonly ...