💰Conclusion: 6 Finance Rules to Know Before Age 30

💰 Summary: 6 Finance Rules to Know Before Age 30

1️⃣ 50/30/20 Rule - Income Divide

• 50% applies to necessities (food, rent, travel expenses)

• 30% use on wishlist (travel, luxury)

• 20% applies to targets (savings, investments, debt closures)

2️⃣ Rule of 72 - Double the investment.

• Formula: 72 － Yield (%)

• For example, 10% interest → It takes 7.2 years. The money will double.

3️⃣ 3x to 6x EF Rule - Emergency Fund

• Keep 3-6 months of monthly expenses

• Use only for emergencies such as treatment, car repair costs

4️⃣ 300 Rule - Retirement Money

• Formula: Cost per month × 300

• To know how much money we need to save after retirement

5️⃣ 20/4/10 Rule - Buy a car with a loan.

• 20%: Minimum down payment

• 4 years: Maximum installment period

• 10%: Annuities should not exceed 10% of monthly income.

6️⃣ 3x Rent Rule - House Rent

• Rent should not exceed 1 / 3 of monthly income

• To leave money to save and invest

👩‍💼 Who suits?

• Working people who want to manage money systematically

• Who started financial planning before the age of 30

• People who want to build financial security

✅ The shortest summary:

Know these rules = manage income, invest, and live more steadily. 💡💸

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