4 Personal Finance Rules You Should Know by Heart

2. Contribute 10% of your income for life after retirement

Life does not simply end with your retirement. In fact, for many life begins afresh after retirement. So why not save up while you can, for the life that awaits you after retirement? Also, this implies that you will not become dependent on your children once you retire and rather you can live your life on your own terms and do everything at your will. After all, an independent man is always respected in the society.