<ul data-eligibleForWebStory="false"><li>The 15*15*15 Rule suggests that even a salaried individual can accumulate ₹1 crore by saving ₹15,000 a month for 15 years in a mutual fund with a 15% CAGR, with the potential to grow to ₹10.5 crore over 30 years.</li><li>The Rule of 72 helps determine how long it takes for an investment to double by dividing 72 by the annual interest rate, while the Rule of 114 indicates when an investment triples by dividing 114 by the interest rate.</li><li>The 50/30/20 Rule divides income into essential expenses (50%), discretionary spending (30%), and savings/debt repayment (20%) to simplify budgeting.</li><li>The 100 Minus Age Rule suggests allocating a percentage of investments to equities based on the individual's age and risk tolerance, with the remainder in low-risk assets.</li></ul>

Some rules to open the gates of financial freedom

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