Questions tagged - rule of thumb

Federico Wed Feb 12 2025 | 5 answers 841

What is the 50 20 30 savings rule of thumb quizlet?

I heard about a savings rule called the 50 20 30 rule on Quizlet, but I'm not sure what it exactly means. Can someone explain this concept to me in simple terms?

SamsungShiningStar Sat Feb 08 2025 | 6 answers 1774

What is the 70-20-10 rule of thumb?

The 70-20-10 rule of thumb is a learning and development principle that suggests adults learn 70% from challenging on-the-job tasks, 20% from collaboration and insight from others, and 10% from formal or virtual classroom training.

lucas_clark_artist Sat Feb 08 2025 | 5 answers 899

What is the 50/20/30 savings rule of thumb?

The 50/20/30 savings rule of thumb is a budgeting method that suggests allocating 50% of income to essential expenses, 20% to savings and investments, and 30% to discretionary spending. This rule aims to help individuals balance their spending and saving habits.

Federico Sat Oct 12 2024 | 7 answers 1935

What is the rule of thumb for stop loss?

I'm wondering about the general rule or principle that investors or traders usually follow when it comes to setting a stop loss. I want to know the common practice or standard guideline for this strategy.