Why You Should Be Skeptical of Financial “Rules of Thumb”
Prairie Eco-Thrifter
MAY 1, 2013
While they can be helpful when it comes finding a starting point, rules of thumb should be approached with a degree of skepticism. And what happens when you add in property taxes, utility, home insurance, and maintenance? Rules of thumb are often used to make various financial decisions. The costs really start to add up.
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