Nine Personal Finance Rules we all must know 1) Rule of 72 (Double Your Money) 2) Rule of 70 (Inflation) 3) 4% Withdrawal Rule 4) 100 Minus Age Rule 5) 10, 5, 3 Rule 6) 50-30-20 Rule 7) 3X Emergency Rule 8) 40℅ EMI Rule 9) Life Insurance Rule 1) *Rule of 72* No. of yrs required to double your money at a given rate, U just divide 72 by interest rate Eg, if you want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 years. At 6% rate, it will take 12 years At 9% rate, it will take 8 years 2) *Rule of 70* Divide 70 by current inflation rate to know how fast the value of your investment will get reduced to half its present value. Inflation rate of 7% will reduce the value of your money to half in 10 years. 3) *4% Rule for Financial Freedom* Corpus Required = 25 times of your estimated Annual Expenses. Eg- if your annual expense after 50 years of age is 500,000 and you wish to take VRS then corpus with you required is 1.25 crore. Put 50% of this int
Before outsourcing services from an Android development agency, it is crucial to consider certain factors that can make or break the deal. Be it experience, portfolio of the apps built so far, or development and delivery management. As a business, you need to put a tick on these factors and more before outsourcing app development services to meet business goals. The following is a detailed guide consisting of the factors that will help you choose the best Android app developer. Outline Your Requirements, Goals, and Scope To maximize the potential of an Android app for business, it is crucial to know precisely what its objectives are. What are the goals that you want to achieve through the mobile app? Do you want the app for providing a seamless shopping experience to your customers or to facilitate communication? This is the first step when you are planning to hire an Android app development agency. Once you know the exact objectives of your app, your search for a developer can be mor