Welcome back to another solo episode. Today I’m breaking down popular financial planning rules of thumb…some I like and some I don’t. I’ll cover the 50/30/20 budgeting rule, why a 3–6 month emergency fund matters, and how “pay yourself first” can make spending guilt-free. We’ll compare debt payoff strategies (snowball vs. avalanche), discuss the 20/4/10 car-buying rule, and a guideline for limiting student loans. Finally, I’ll explain why I dislike age-based stock/bond rules and why I still like the 4% retirement withdrawal rule.
Come back soon for another new episode!
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