Rules of thumb are common in financial literature. Who can disagree with “buy low, sell high” or “decrease your risk exposure by diversifying your portfolio”? Author and retirement planner Dana ...
Easy-to-use financial rules of thumb have always captured public interest, whether they are presented in best-selling books, TV talk shows, or, most recently, short TikTok videos. The allure of these ...
Source: Unsplash, Creative Commons Zero. Decision making is a drain on willpower. Having rules of thumb (aka 'heuristics') can make decision making quicker, easier, and less of a willpower suck. Here ...
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