Learning everything you need to know about financial planning can be overwhelming, but understanding a few basic rules of thumb can help you become more confident in managing your money. In this episode, Rob Auclair explains some basic rules you won’t want to skip as well as some helpful calculations you can use to better understand investing and effective money management.
- Basic rules of financial planning
- The Rule of 72
- The 120 Rule for Investing
- The 50/30/20 Budgeting Rule
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action.