Your Stowe Score is an estimate of how efficiently your household money is working. It is designed to help you see where money may be quietly slipping away through spending patterns, avoidable costs, or products that may not match your household well.
Your Stowe Score is not a credit score. It does not affect your credit report, credit history, or ability to borrow money.
What Stowe Score looks at
1. Needs, wants, and savings
Stowe looks at how your household spending compares to the needs, wants, and savings guideline.
2. Similar household comparisons
Stowe compares certain spending areas to similar households based on details like income range, location, and household size.
3. Avoidable fees and interest
Stowe looks for money that may be going toward avoidable costs, such as fees and interest.
4. Credit card value
Stowe reviews how your credit cards appear to match the way you spend.
What your Stowe Score is for
Your Stowe Score is meant to help you identify areas worth reviewing. It is not meant to judge your household, assign blame, or suggest that every dollar needs to be optimized.
How to improve your Stowe Score
Your score may improve when you take actions like reducing avoidable fees or interest, cancelling unused subscriptions, lowering recurring bills, choosing products that better match your spending, keeping spending aligned with your goals, and improving savings or debt repayment.