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12 Simple Money Ratios To Overcome Analysis Paralysis

Tae Kim - Financial Tortoise 12:57

43,723 views · 1,783 likes Watch on YouTube ↗

Making money decisions can be tough, especially when you're not sure where to start. But don't worry, I have you covered. In this video, I will go over 12 simple money ratios that will help you overcome analysis paralysis and make sound financial decisions.

Timecodes:

0:00 - Intro
0:30 - 6 Month - Emergency Fund
1:36 - 50/30/20 Budget Rule
3:03 - 0.1% Expense Ratio
4:49 - 10X - Term Life Insurance
6:20 - The 4% Rule
7:14 - 25x Expenses to Financial Independence.
7:59 - 120 Minus My Age - Asset Allocation
8:56 - Rule of 72.
9:41 - Age x Income / 10 - Expected Net Worth
10:23 - 1% Rule for Buying Rental Property
11:00 - 20% Rule - Downpayment
11:55 - 3x Gross Income - Home Affordability

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DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.

Category (YouTube): Education

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