Double your money

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DC Economics - Finance & Investing on Instagram: "Here are 7 rules for saving money that might save you one day:  1. Allocate your income using the 50/30/20 Budget Rule: 50% for needs (food, housing, insurance, utilities, transportation), 30% for wants (travel, fashion, entertainment), and 20% for savings (emergency fund, debt payments, investments, retirement).  2. Follow the 1% Rule for Impulse Buys: If an item costs over 1% of your annual gross income, wait three days before purchasing. This helps curb unnecessary spending.  3. Use the Rule of 72: To estimate how long it will take to double your money, divide 72 by your interest rate. For example, at an 8% return, your investment will double every nine years.  4. Maximize your 401(k) Match Rule: Take full advantage of any employer 401(k Budget Rule, Financial Budgeting, 50 30 20 Budget, Rule Of 72, Double Your Money, Financial Budget, Finance Investing, Interest Rate, Emergency Fund

DC Economics - Finance & Investing on Instagram: "Here are 7 rules for saving money that might save you one day: 1. Allocate your income using the 50/30/20 Budget Rule: 50% for needs (food, housing, insurance, utilities, transportation), 30% for wants (travel, fashion, entertainment), and 20% for savings (emergency fund, debt payments, investments, retirement). 2. Follow the 1% Rule for Impulse Buys: If an item costs over 1% of your annual gross income, wait three days before purchasing…

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Follow @stoicmoneycoach for quick investing tips for very busy people! 🔥  Comment VIDEO to receive my FREE Video Training for Beginner Investors ✅  🔍 Wondering how long it'll take for your money to double?   Remember: YOU are the only person who wants the best for your money.  We need to learn not only how to EARN money, but also how to INVEST money.  So make sure to follow me @stoicmoneycoach to learn more things like this!  #money #investing #finance #personalfinance Money Management Activities, Financial Literacy Lessons, Online Side Hustles, Business Books Worth Reading, Small Business Marketing Plan, Finance Lessons, Invest Money, Financial Budget, Money Saving Techniques

Follow @stoicmoneycoach for quick investing tips for very busy people! 🔥 Comment VIDEO to receive my FREE Video Training for Beginner Investors ✅ 🔍 Wondering how long it'll take for your money to double? Remember: YOU are the only person who wants the best for your money. We need to learn not only how to EARN money, but also how to INVEST money. So make sure to follow me @stoicmoneycoach to learn more things like this! #money #investing #finance #personalfinance

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