7 Surprising Money ‘Rules’ Most People Don’t Know (But Should)

7 Surprising Money ‘Rules’ Most People Don’t Know (But Should) ... Don’t be too restrictive with your budget, and don’t try to ... 7. Most importantly, know there is no “one-size-fits ...

FAQs about 7 Surprising Money ‘Rules’ Most People Don’t Know (But Should) Coupon?

Should you follow the rules of thumb when making money?

“There are a lot of rules of thumb out there when it comes to money, but don’t feel pressure to follow them all,” Rathner said. “The best thing you can build into your personal financial plan is the flexibility to make changes as needed.” Related... ...

What financial advice should you follow?

You’ve probably heard common financial advice like keeping a budget and trying not to spend more than you make. But other tips aren’t as well-known that can help you save a lot of money and create a financially healthy life. From daily hacks to long-term tips, we talked to financial experts about not-so-obvious money advice they follow. ...

Is it easy to spend money without thinking about it?

“It’s extraordinarily easy now in our society to spend money without thinking about it,” said Anne Lester, author of “Your Best Financial Life.” “You can sign up for auto-renew … you see something cute on Instagram, you go tap and boom, you bought it.” But being able to buy things too easily can lead to unconscious spending. ...

What advice do finance experts give?

Finance experts reveal the advice that they personally make sure to follow in their own lives. There's more to money management than setting a budget. You’ve probably heard common financial advice like keeping a budget and trying not to spend more than you make. ...

Should you put money in a checking account?

“Money in a checking account can be tempting to spend,” he said. “Making regular transfers to a high-yield savings account can help you build an emergency fund without feeling the pain of writing a check.” Lester also recommends automatically transferring money to a retirement account. ...

How can I make spending money more a conscious decision?

Instead, Lester advises slowing yourself down to make spending money more of a conscious decision. One way she does this is to always create a shopping list before she goes into a store or buys items online. For online shopping, she suggests setting aside a specific time once a week to make purchases. ...