
WSJ: On the Fence About a Spending Decision? Try the 0.01% Rule
WSJ: On the Fence About a Spending Decision? Try the 0.01% Rule
The Wall Street Journal Personal Finance column presents the 0.01% rule for frivolous spending. I’m not sure it helps.
if the amount of money at stake is 0.01% or less of your net worth. Someone with $500,000 in wealth could spend $50 worry-free, according to the rule.




