The FI Guys

057: The 30 “Rules” You Need to Know to SUPERCHARGE Your Financial Journey


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Chris and Dominic break down 30 personal finance rules, covering budgeting, saving, investing, and more. Learn about the 10% savings rule, the 4% rule, the rule of 72, and how to personalize these guidelines to fit your unique financial situation. Tune in for insights on credit utilization, retirement planning, and crafting a financial plan that works for you.


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⏰ Timecodes ⏰
00:00 Introduction

04:14 Budgeting, Spending, and Earning Rules

08:19 The 70-20-10 Principle

14:32 The 30% Credit Utilization Rule

17:20 The 30-33 Rule for Buying a Home

20:55 The 20-4-10 Rule for Buying a Car

25:26 The 5% Giving Rule

28:11 The 10% Savings Rule and the 25 Times Retirement Rule

31:01 Understanding the Rule of 72 and the Rule of 110

34:09 The 7% Rule of Inflation and the 1% Rule for Rental Properties

39:11 The 20% Down Payment Rule and the 4% Rule

50:05 The 50% Debt to Income Ratio Rule

54:53 The 20% Down Payment Rule

57:50The 1% Mortgage Insurance Rule

01:02: 01 Emergency and Protection Rules

01:06:15 Homeownership Rules

01:10:35 Renting Rules


#personalfinance #moneytips #financialplanning

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Disclaimer: The FI Guys is a podcast dedicated to providing general information and insights on a wide range of wealth-related topics. The views and opinions expressed in this podcast are those of the hosts and guests and do not constitute personalized financial advice.
The content provided in this podcast is for educational and informational purposes only. It should not be considered a substitute for professional financial advice. Your financial situation and goals are unique, and the information provided here may not be applicable or suitable to your specific circumstances.
We, the hosts and guests on The Fi Guys are not acting as your financial advisors. We are not aware of your individual financial situation, risk tolerance, or investment objectives. Any decisions or actions you take based on the information provided in this podcast are your own and made at your own risk.
The content in this podcast is for informational purposes only and should not be considered financial advice. We do not endorse specific products or services. Past performance doesn't guarantee future results. The opinions expressed are those of the hosts and guests, not the podcast sponsors.
It is crucial to consult with a qualified financial advisor or professional who can provide advice tailored to your specific needs before making any financial decisions, investments, or taking any other actions. If you are seeking specified help, you can reach out to Chris at https://www.monzonwealth.com/

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The FI GuysBy The FI Guys