Mayank Singh Negi

Introduction When it comes to personal finance, there are many rules and formulas to follow. From the Rule Of 72 to The 3/20/30 Rule, these rules and formulas can help you make informed decisions about savings, investing and spending. In this blog, we will cover some of the most popular personal finance rules that can provide you with a basic starting point for managing your money.  Note* It is essential to note that while these rules can be helpful in providing a starting point for managing your finances but following them blindly or without adjusting it as per your need is not advisable. Every individual's financial situation is unique and you should seek professional advice before making any significant financial decision. With that said, let's dive in and understand these financial rules.  Rules Covered In This Blog: 1. Rule Of 72 2. Rule Of 114 3. Rule Of 144 4. Rule Of 70 5. 50/30/20 Rule 6. 6X Rule 7. 100-X Rule 8. 4% Withdrawal Rule 9. 25X Rule 10. 40% Rule 11. 20/4/10

Everyone wants to achieve financial success and stability in their life, but not everyone knows how to get there. Managing finances can be a daunting task, but with the right tools and knowledge anyone can achieve their financial goals. In this blog, we will discuss 10 essential finance rules that can help you achieve financial success and build wealth over the long term. 10 Essential Finance Rules: Rule 1. Live Below Your Means Living below your means is a fundamental rule of personal finance. It means spending less money than you earn and avoiding unnecessary expenses. Living below your means does not mean living a life of deprivation but rather making conscious choices to prioritize your spending and save for the things that matter most to you. Income > Expenses To live below your means, you can start by creating a budget that tracks your income and expenses. This will help you to identify areas where you can cut back on expenses, such as eating out, cable bills or subscriptions.

Introduction Welcome to my personal finance blog post, where money meets creativity! Managing your finances can be intimidating, overwhelming and pretty boring. But it doesn't have to be! I believe that taking control of your money should be a fun and creative process that empowers you to live your best life. Whether you're just starting out on your financial journey or you're a seasoned pro, this blog is here to provide you with practical advice, inspiration and a little bit of humor along the way. So, let's dive in and start making money, magic happen! Ok! But before we dive into the exciting world of personal finance, I want to give you a disclaimer: this blog is not a one-size-fits-all solution. While I will be sharing my personal experiences, knowledge and advice, it is important to remember that everyone's financial situation is unique. What may work for me may not work for you and that's okay. Additionally, please note that any information shared on this