An indicating device suitable for indicating a number of metered dosages of a substance that have been dispensed from or remain in a container. The indicating device includes at least one primary indicator member having primary dosage indicia, configured as numeric indicia, and a second indicator member having secondaiy dosage indicia, configured with at least two different colors. The primary and secondary indicator members are coaxially mounted. In one embodiment, a device for dispensing dosages of the substance also includes a dispenser housing and a container.