1) Rule of 72 (Double Your Money) 2) Rule of 114 (Triple) 3) Rule of 144 (Quadruple) 4) Rule of 70 (Inflation) 5) 4% Withdrawal Rule 6) 100 - Minus Age Rule 7) 10, 5, 3 Rule 8) 50-30-20 Rule 9) 3X Emergency Rule 10) 40% EMI Rule 11) Life Insurance Rule
1) Rule of 72
No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if U want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs
At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs