Sometimes common financial wisdom isn’t so wise. Occasionally, rules of thumb are meant to be broken. In this video we discuss the personal finance rules that we break.
Most of the time, the money advice you’ll hear on TV and magazines is so bad you’ll end up in debt because debt is normal for most Americans. We think just because it’s normal doesn’t make it OK.
If you follow the golden rule, spend less than you earn, you have a much better argument for breaking traditional advice.