If you are knowledgeable about personal finance or regularly follow financial experts, you have probably heard the same information being passed around time after time. These lessons are often considered to be “rules of thumb,” things everyone should know about when it comes to personal money matters.


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While these rules of thumb may indeed be popular and very well circulated, it is vital for people to know that there is a reason these rules are often discussed: it’s because these rules make sense for almost everyone. While there is no one-size-fits-all solution in personal finance, the following tidbits of financial information should be on your radar.
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