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3308: Interesting Financial Rules to Follow by J. Money of Budgets Are Sexy on How to Budget Successfully
Manage episode 511297357 series 2394769
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 3308:
J. Money unpacks a variety of common financial rules of thumb, covering housing, retirement, life insurance, budgeting percentages, and saving for college, and questions how useful they really are in practice. His reflections reveal that while these rules provide handy benchmarks, personal circumstances and priorities often tell a different story, encouraging a more flexible, individualized approach to money.
Read along with the original article(s) here: https://www.budgetsaresexy.com/interesting-financial-rules-of-thumb-to-follow/
Quotes to ponder:
“Spend no more than half of your income on living expenses, keep discretionary items to 30%, and save the rest.”
“You can afford a home that’s two to four times your annual gross income.”
“You need life insurance equal to eight to 10 times your annual pretax income.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
4112 episodes
3308: Interesting Financial Rules to Follow by J. Money of Budgets Are Sexy on How to Budget Successfully
Optimal Finance Daily - Financial Independence and Money Advice
Manage episode 511297357 series 2394769
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 3308:
J. Money unpacks a variety of common financial rules of thumb, covering housing, retirement, life insurance, budgeting percentages, and saving for college, and questions how useful they really are in practice. His reflections reveal that while these rules provide handy benchmarks, personal circumstances and priorities often tell a different story, encouraging a more flexible, individualized approach to money.
Read along with the original article(s) here: https://www.budgetsaresexy.com/interesting-financial-rules-of-thumb-to-follow/
Quotes to ponder:
“Spend no more than half of your income on living expenses, keep discretionary items to 30%, and save the rest.”
“You can afford a home that’s two to four times your annual gross income.”
“You need life insurance equal to eight to 10 times your annual pretax income.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
4112 episodes
Alle Folgen
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