Finance

What is the 3 6 9 rule in finance?

The 3-6-9 rule in finance is a guideline for maintaining a balanced budget and ensuring financial stability. It suggests allocating 3 months’ worth of living expenses for emergencies, 6 months…

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What is better, 70/20/10 or 50/30/20?

What is better, 70/20/10 or 50/30/20? The choice between these budgeting methods depends on your financial goals and lifestyle. The 70/20/10 rule focuses on spending 70% of income on expenses,…

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Is 100k at 40 good?

Is having $100k at 40 considered good? For many, reaching this financial milestone by age 40 can be seen as a positive achievement, especially if it aligns with personal financial…

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Is 100k at 30 good?

Is having $100k at 30 considered good? For many, reaching a net worth of $100,000 by age 30 is a significant financial milestone. It indicates solid savings habits and financial…

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Can I retire at 70 with $400,000?

Can you retire at 70 with $400,000? It depends on your lifestyle, expenses, and investment strategy. With careful planning, $400,000 can support a modest retirement, especially if paired with Social…

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