Investing can be incredibly complicated, with hundreds of thousands of investment choices that can be combined in nearly infinite variations. The sheer number of options available--and the high stakes ...
Thumbs up for simple rules of thumb. Source: Carlos Pereyra/Pixabay Have you ever wasted precious energy on making minor decisions? If you're anything like me, you’ll find long periods of debate ...
Financial plans can be overwhelming to conceptualize, create, and cultivate. So to help make sense of them, most people turn to goal-setting principles or easy rules of thumb. But these frameworks can ...
Rules of thumb are common in financial literature. Who can disagree with “buy low, sell high” or “decrease your risk exposure by diversifying your portfolio”? Author and retirement planner Dana ...
Probably the best financial advice I’ve heard is to spend less than you make. That’s as simple as it gets. For a variety of reasons, that is difficult for many people. I learned in Biblical counseling ...
The Rule of 72 is a shortcut or rule of thumb used to estimate the number of years required to double your money at a given annual rate of return and vice versa.
Ughhhh. Life insurance isn’t exactly a fun topic to talk about, is it? Yet, it is essential coverage for many families who want to protect the future earnings of one or both spouses. If you’re a ...