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Rule of Thumb Challenge

Magazine Archive

How much to spend on a diamond engagement ring

Forget the two months’ salary rule.

How much to spend on a diamond engagement ring

Magazine Archive

The 10% saving rule doesn’t always apply

When you start saving in your 40s, the 10% saving rule doesn’t always apply.

The 10% saving rule doesn’t always apply

Buying

How much to spend on a home in the city

Buying a house in a major city with 32% of your GDS is unrealistic.

How much to spend on a home in the city

Financial Planning

Life insurance: How much is enough?

We challenge the notion that you need five to seven times your gross annual income in life insurance.

Life insurance: How much is enough?

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Magazine Archive

What’s the best asset allocation for your age?

Conventional wisdom suggests the percentage of equities in a portfolio should equal 100 minus your age. We put that...

What’s the best asset allocation for your age?

Save

Why you may not need an emergency fund

Paying down your mortgage could be better than stashing away cash.

Why you may not need an emergency fund

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