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 ...

Easy-to-use financial rules of thumb have always captured public interest, whether they are presented in best-selling books, TV talk shows, or, most recently, short TikTok videos. The allure of these ...

Source: Unsplash, Creative Commons Zero. Decision making is a drain on willpower. Having rules of thumb (aka 'heuristics') can make decision making quicker, easier, and less of a willpower suck. Here ...

Merriam Webster defines a rule of thumb as: (1) a method of procedure based on experience and common sense; (2) a general principle regarded as roughly correct but not intended to be scientifically ...

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 ...

General rules of thumb aren't the best way to decide how to prepare for retirement. You may hear that you should max out your 401(k), but that's not always the best approach. The 4% rule to determine ...

Many retirees are making plans for their future based on an outdated rule.

When it comes to retirement, some longstanding rules of thumb have become deeply embedded in how Americans plan for their ...

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 ...

There are several popular rules of thumb about how much to save for college and how to check whether your college savings are on track to reach your goals. For example, you may have heard that you ...

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 ...