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We all want to be debt-free, right?
What if a simple rule could help you fix your finances?
Well, there is a 50/30/20 rule that you can apply immediately to see the results. A simple but quite helpful rule for sure!
#finmapp
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#finance #financerule #fintech

Rule of 144: Quadruple
No. of years required to quadruple your money at a given rate, you just divide 144 by the interest rate.
Eg.- Quadruple your money at let's say 8% interest, divide 144 by 8 & get it in 18 years.
#rule #financerule
Rule of 72: Double your Money
No. of yrs required to double your money at a given rate, you just divide 72 by the interest rate.
Eg.- Double your money at let's say 12% interest, then divide 72 by 12 & get it in 6 years.
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Put the rule of 114 to work for you today and take advantage of the MO Investor app right away.
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The 50-20-30 (or 50-30-20) budget rule is an intuitive and simple plan to help people reach their financial goals.
𝟱𝟬% 𝘁𝗼 𝗡𝗲𝗲𝗱𝘀 | 𝟯𝟬% 𝘁𝗼 𝗪𝗮𝗻𝘁𝘀 | 𝟮𝟬% 𝘁𝗼 𝗚𝗼𝗮𝗹𝘀
#MotilalOswal #DidYouKnow #financefacts #budgetrule #financerule #interestingfacts

Some important Personal Finance Rules - A thread!
Rule of 72 (Double Your Money)
Rule of 114 (Triple)
Rule of 144 (Quadruple)
Rule of 70 (Inflation)
4% Withdrawal Rule
100 - Minus Age Rule
10, 5, 3 Rule
50-30-20 Rule
3X Emergency Rule
40℅ EMI Rule
Bifurcating the monthly income gives an insight on the extra spendings. Use the 50-30-20 rule or just download the #FinservMARKETS App & let Money Manager help you track your monthly expenses.
Click: https://t.co/GLk3o7vQS4
#MoneyTips #WaysToSaveMoney #FinanceRule #FinanceTips
Money can seem complicated, but it doesn't have to be. Hopefully, these suggestions can help you manage your finances as well as you manage your business.
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