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GOBankingRates
GOBankingRates
Jordan Rosenfeld

6 Money Rules That Worked 20 Years Ago — and Fail Now

Kerkez / iStock.com

For years, personal finance advice was built around simple rules designed for a more stable economy. Americans have been taught to follow some key financial rules that made sense for a long time. But higher living costs, longer careers, shifting job patterns and mounting financial tradeoffs have made many of those once-reliable rules harder to follow and, in some cases, financially risky.

Experts explained which money rules fail now and what to do instead.

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