The savings rate compares what you keep with your net income. It lets you compare months with different spending without losing sight of the amount itself.
An example with numbers
With $2,000 of income and $1,800 of spending, you save $200, or 10%. If you cut spending by $100, you save $300, or 15%. That is five percentage points more and 50% more money saved.
Try it with your numbers
Enter a typical month and change only one spending category. See how much the balance rises and whether the change would hold up next month.
Example figures for learning purposes. They are not a recommendation and do not replace professional advice.