rule of 72 – Dnyan pravah news

How financial rules of thumb help and hurt investors

adminApril 9, 202506 mins

[ad_1] When it comes to money, Indians love rules of thumb. From age-old wisdom about gold being the ultimate store of wealth to modern investment shortcuts like the ‘100-minus-age’ rule for equity allocation, heuristics help simplify complex financial decisions. These mental shortcuts are useful but not foolproof—sometimes, they can lead to costly mistakes. The key…

What is the rule of 72 you should be aware of to avoid credit card debt from rising?

adminFebruary 25, 202503 mins

[ad_1] The rule of 72 tells you how long it takes to double the money at the current interest rate. This is quite a valuable and insightful metric which tells you the time period during which you can increase your investment by 100 percent. Importantly, this also tells you the tenure during which your credit card…