Myth busting the 'golden ratio' for your money

Myth busting the 'golden ratio' for your money

0 0 6 months ago
Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's whether there's an ideal way to allocate pots of money. Hosted by Frances Cook.

People seem to love the idea that you can set up a few hard and fast rules for your money, and if you just follow that diligently, you'll be safe.

So you see rules pop up like the 50/30/20 rule, the so-called "golden ratio" for your money.

The idea is that out of the ... See More


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