The 50/30/20 budget rule suggests allocating 50% of income to needs, 30% to wants, and 20% to savings
Image: タンジェント, CC BY-SA 3.0, via Wikimedia Commons
The 50/30/20 budget rule suggests allocating 50% of income to needs, 30% to wants, and 20% to savings
4% rule
Withdraw 4% annually to last 30 years
Reserve requirement
Reserve requirements mandate minimum cash holdings for banks
Inflation targeting
Central banks aim for a specific inflation rate, usually 2%
Dual mandate (disambiguation)
Federal Reserve's dual mandate focuses on maximum employment and price stability
Permanent income hypothesis
Permanent income hypothesis (PIH) focuses on permanent income for consumption decisions
Middle income trap
Middle income trap defined by World Bank
Educational content, not financial advice.
One email a day: 5 concepts + the 5 stories that matter →
Swipe through 100 ML concepts daily
Open TickerNews