Chart of the Day: Six Rules for Under Age 30
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Today’s Chart of the Day is from Accounting Knowledge Concepts’ X page and shows six financial rules that everyone should know by age 30.
Rules of thumb can be risky, but they're often better than nothing. These six are worth sharing with your children or grandchildren—following yourself.
Out of all of them, the most important is the first one: 50/30/20. While someone may not be able to save 20% of their income today, it is a worthy goal to work towards.
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