ilmscore | Luxury Purchase Rule of Five Predictions
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When considering a non-essential luxury purchase, the 'rule of five' suggests that one can only afford an item if they have enough cash saved to buy five of them. For a $10,000 Rolex, this means having $50,000 in savings.
"the way that I did it for myself is I follow the rule of five which is if I can't buy five of them I..."
Mar 9, 2024
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