Posts tagged emergency fund
How Reliable Are These Financial Rules of Thumb?

What’s a common financial rule of thumb you know? Who told you about it?

Most people find out through word-of-mouth – through a piece of advice explained by a parent or friend when approached for guidance towards buying, saving or investing. Financial rules of thumb are intended to provide guidance, and are a good starting point to begin to set your financial goals, but how reliable and effective are they?

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