What is the 70 20 10 Rule money?
The 70-20-10 Rule For example, if you spend 75% of your income on living expenses, reduce the amount you put into your savings account by 5%. If you want to invest more in your savings, you should reduce your living expenses and/or reduce your debt. On the same subject : How much should you save per check?.
What is the 80/20 rule in finance? This concept is known as the 80/20 rule, which states that 80% of the situation results from only 20% of the input. Although it is mostly applied to business and finance, the 80/20 rule can be applied to areas such as investing and personal finance.
How do you make a decision and not regret it?
How to Make Choices That Fit Your Best Self This may interest you : What is the saving rule?.
- Know that you have a choice.
- Ask your choice.
- Notice where fear is leading.
- Leave your decision.
- Ask for help.
- Be there and watch the shows.
- Trust your intuition.
- Pay attention to what your body is telling you.