Personal Finance

What is the 70-20-10 rule in investing?

The 70-20-10 rule in investing is a simple guideline for diversifying your investment portfolio. It suggests allocating 70% of your investments to low-risk assets, 20% to medium-risk assets, and 10%…

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What is the $27.39 rule?

What is the $27.39 Rule? The $27.39 rule is a concept that suggests a specific amount of money that individuals can spend daily without significantly impacting their budget. This rule…

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Is 70/20/10 a good budget?

Is the 70/20/10 Budget a Good Strategy for Managing Finances? The 70/20/10 budget is a popular method for managing personal finances, offering a simple yet effective way to allocate your…

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Why do people say to avoid annuities?

People often advise against annuities due to concerns about high fees, limited liquidity, and complex terms. However, annuities can offer valuable benefits like guaranteed income for retirement. Understanding both the…

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