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 Greetings, Just 10 simple rules to take control of your finances: Let’s understand each of these rules in detail. 1. THE NET WORTH RULE This rule originated from 'The Millionaire Next Door' book. It has a simple way to determine if you are wealthy in the US. Multiply your age by your pre-tax annual income & divide by 10. If your net worth surpasses the result, you are wealthy. There’s an Indian version of this as well. Some experts suggest using 20 instead of 10 as the divisor in the Indian context. For instance, say you're 30 and earn Rs 12 lakh annually. Your net worth should be at least Rs 18 lakh to earn the 'wealthy' title. 2. RULE OF 72 This helps you determine the time it will take for your investment to double. How does it work? Simply divide "72" by the rate of return you are earning. For example, with a 9% return, it will take 8 years (72/9) to double your investment. 3. RULE OF 70 This tells you the impact of inflation. Divide "70...

 Here are 10 things Warren Buffett do to spend/save money everyday: He lives in the same modest home in Omaha, Nebraska that he bought in 1958 for $31,500. The house is currently worth around $1 million, but Buffett has lived there for over 60 years and has no plans to move. He rarely takes out loans. Buffett is averse to debt and prefers to pay with cash. He has only taken out two loans in his life - one for a mortgage and one for a business venture. He buys breakfast at McDonald's every morning and never spends more than $3.17. Buffett says he spends on the same breakfast every day because it's cheaper than eating at home. He doesn't splurge on expensive brands. Buffett is known for wearing inexpensive suits and driving an older car. He believes in getting good value for his money. He doesn't waste money on luxuries. Buffett doesn't collect cars, houses, or other expensive items. He lives a very modest lifestyle compared to his massive wealth. He avoids credit car...

  3 things: 1. When people want to make fun of you, laugh with them. No need to put effort to find a comeback. They'll know you are an innocent guy. 2. When people want to make fun of someone else, don't join them. Be the guy who is silent throughout and talks to the victim after they're gone. They'll know you're a nice guy. 3. When people want to talk/share anything from life stories to personal secrets, just listen. Don't talk. Show more curiosity than they expect. They'll know you're a trustworthy guy. You'll be loved :)