Profit and Loss... The Real Bottom Line

How well “your personal economy” does is measured by the “profit and loss” of all its parts. Focusing on growth of savings alone hides serious flaws that take your growth out the back door while you’re watching the front door. It is interest earned minus excess taxes, interest paid, interest lost, and fees that
equals the real bottom line.          

As your attention is focused on "products" and their perceived "rate of return" ...

...much or all of your growth is stolen out the back door by costs
seen and unseen. Real growth is minimal at best.

Sound economic strategy will guard the back door. Personal wealth and financial security can then grow exponentially with your saved costs. 

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