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. Rules of thumb can be useful in terms of starting points for deciding on what to do next. And what happens when you add in property taxes, utility, home insurance, and maintenance?
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