Investing can be incredibly complicated, with hundreds of thousands of investment choices that can be combined in nearly infinite variations. The sheer number of options available--and the high stakes ...

Thumbs up for simple rules of thumb. Source: Carlos Pereyra/Pixabay Have you ever wasted precious energy on making minor decisions? If you're anything like me, you’ll find long periods of debate ...

Financial plans can be overwhelming to conceptualize, create, and cultivate. So to help make sense of them, most people turn to goal-setting principles or easy rules of thumb. But these frameworks can ...

Some financial advisors can be rather critical when it comes to financial planning rules of thumb, or heuristics that provide general guidance to households about how to invest, save or potentially ...

Rules of thumb are common in financial literature. Who can disagree with “buy low, sell high” or “decrease your risk exposure by diversifying your portfolio”? Author and retirement planner Dana ...

Probably the best financial advice I’ve heard is to spend less than you make. That’s as simple as it gets. For a variety of reasons, that is difficult for many people. I learned in Biblical counseling ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Traditional rules of thumb can offer some guidance. For example, the 4% ...