To calculate a restaurant server’s tip, double the first number on the bill. A $62.47 tab gets a $12 tip. If the bill is more than $100, double the first two digits. That’s an example of a money rule of thumb that is imperfect but useful, which is the idea — inexact starting points for...
The article Handy Money Rules of Thumb for a Quick Financial Checkup originally appeared on NerdWallet.
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