Скачать или смотреть 123: Financial Rules of Thumb

In this episode, we're diving deep into the world of financial 'rules of thumb.'

These are simple guidelines that can serve as your compass in navigating your journey towards financial independence.

Whether you're grappling with how much to save from your income, how to manage your debt, or wondering about the right insurance coverage, we've got you covered!

These insights will be straightforward, practical, and easy to understand, no matter where in the world you're working or living.

Disclaimer: Remember that everyone's situation is unique. These rules of thumb are not one-size-fits-all answers, but they can provide a good starting point.

What You'll Learn:

Discussion on various categories of financial rules of thumb:

Cash Management:
The 50/30/20 Rule
Pay Yourself First
Emergency Fund
Spend Less Than You Earn

Debt Management:
The Debt-to-Income Ratio (Rule of 36)
The Snowball Method
Lending Rule

Risk Management/Insurance:
Insurance Coverage Rule
DIME Method for Life Insurance

Investments:
The Rule of 72
Asset Allocation by Age (Rule of 100)
Diversification
Invest for the Long Term
Start Early
The 1% max service fee Rule

Big Ticket Items:
Car Buying Rule
Home Buying Rule
Saving for Vacations or Anniversary Celebrations
Saving for College Education
Saving for Retirement

👂🏽Listen to this episode: https://www.buzzsprout.com/2187948/13...

🔗 Connect with Kuya Jay: https://linktr.ee/jayadriantolentino