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As a good rule of thumb

You've reviewed your spending and created a budget, and now you know exactly how much you spend on your home, your car, discretionary spending, and how much you divert to your retirement accounts. Your after-tax income is what remains of your paycheck after taxes—federal, state, local, Medicare, and Social Security—are taken out. If you're an employee with a steady paycheck, your after-tax income should be easy to figure out if you just look at your paystubs. You're responsible for remitting your own quarterly estimated tax payments to the government because you don't have an employer to take care of it for you. Just remember that being self-employed means that you must also pay the self-employment tax, which is double what you would pay in Medicare and Social Security taxes if you were employed, so include this in your calculations. Now go back to your budget, and figure out how much you spend on needs each month—things like groceries, housing, utilities, health insurance, car payments, and car insurance.
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a rule of thumb

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Rule of thumb | Definition of Rule of thumb at chouchouetmandchou.com

A rule of thumb is a means of estimation made according to a rough and ready practical rule, not based on science or exact measurement. The 'rule of thumb' has been said to derive from the belief that English law allowed a man to beat his wife with a stick so long as it is was no thicker than his thumb. In , Judge Sir Francis Buller is reported as having made this legal ruling and in the following year James Gillray published a satirical cartoon attacking Buller and caricaturing him as 'Judge Thumb'. The cartoon shows a man beating a fleeing woman and Buller carrying two bundles of sticks. The caption reads " thumbsticks - for family correction: warranted lawful!
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11 Solid Rules of Thumb for Adult Life

Being an adult is about more than the number of candles on your birthday cake. To cut down on procrastination, do any task that takes less than two minutes to complete right away. This applies to anything from doing the dishes to responding to personal emails work emails are another story, as studies show it may be more productive to spend longer stretches of time focusing on a single task—see No. Avoiding procrastination will lead to a less cluttered house and mind. To avoid misplaced-passport-panic in the moments before you leave to catch a flight, or having to laboriously re-write and reformat your resume when your ancient laptop finally crashes for good, keep all of your important documents—both physical and digital—well organized.
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A good rule of thumb to follow is, "Follow your heart but take your brain with you. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.
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