Good rules of thumb

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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.

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A rule of thumb is an informal principle that is intended to provide general guidance rather than precise direction. It's not expected that a rule of thumb will always provide the correct answer. For example, see below three rules of thumb for dealing with Internet problems :.

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A rule of thumb is a guideline that provides simplified advice regarding a particular subject. It is a general principle that gives practical instructions for accomplishing or approaching a certain task. Typically, rules of thumb develop as a result of practice and experience rather than from scientific research or theory. Investors may be familiar with a variety of "financial rules of thumb" that are intended to help individuals learn, remember and apply financial guidelines.

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As an engineer I like to use "rules of thumb" to make quick estimates that help explain what can be expected from the physical world around me. These rules of thumb are easy-to-remember approximations that eliminate the need for complicated and needlessly precise calculations. I encourage you to step back and take a fresh look at the world around you.

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Rules of thumb can be a good approximate guideline for decisions, and there are tons of money rules that aim to get your finances on track. While everyone's situation is different, these serve as a good starting point. We thought we'd put together a list of some solid, useful rules of thumb to follow.

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As a rule of thumb, we need a cup of flower, a cup of sugar and a cup of butter to make a basic sponge cake. Learn a useful phrase to say that someone spends a lot of time shopping for the cheapest item. Learn a useful phrase for someone who likes to shop online in the middle of the night.

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He understood the principles of piano construction, and was, therefore, no rule-of-thumb man. Rule-of-thumb can never again overcome the rules of averages, of percentages or of economic laws. All the power of his intelligence, all the rule-of-thumb derived from his practice, is devoted to this alone.

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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. InJudge 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'.

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New here? You may want updates via email or RSS feed. Thanks for visiting! After twelve years of reading and writing about money, I've come to love financial rules of thumb.

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