Articles
The Rule of 10
The Rule of 10 Have you heard of the Rule of 10? It's especially relevant when both interest rates and energy prices are high. Created by Don Rissmiller, an economist, it states that the economy will struggle when interest rates and the cost of en...
The Rule of 72
The Rule of 72 The Rule of 72 is a simple formula that helps investors estimate the time it takes for an investment to double in value. To use the Rule of 72, divide 72 by the annual rate of return to get the number of years it will take for the in...
50-30-20 Budgeting Rule
The Rule of 50-30-20 for Budgeting A critical aspect of building wealth is ensuring you set enough aside for basic needs while prioritizing how much you need to save to reach your goals. But strictly living the bare minimum while only focusing on t...