New Delhi, Aug. 8 -- Have you ever devised a sensible financial plan for yourself and your family? With rising inflation, unpredictable interest rates, and ongoing geopolitical crises such as the US-Iran and Russia-Ukraine wars, it is important for you, regardless of your age, profession, or life stage, to understand simple yet powerful personal finance rules to make your life more productive and financially rewarding.

This is because building wealth is not just about chasing the highest returns. It is about following a well-laid vision and disciplined financial plan. Whether you are a self-employed individual, a salaried employee, or nearing the retirement age of 60, a few core personal finance rules can make sure that you stay financia...