5% Rule

Concept

A rule of thumb developed by Ben Felix to compare the financial costs of renting versus owning a home, by dividing the home price by 5% and then by 12 to find equivalent monthly rent.

Mentioned in 1 video

Videos Mentioning 5% Rule

Stock Expert: Becoming Rich Is Simple, But You Won’t Do It!

Stock Expert: Becoming Rich Is Simple, But You Won’t Do It!

The Diary Of A CEO

A rule of thumb developed by Ben Felix to compare the financial costs of renting versus owning a home, by dividing the home price by 5% and then by 12 to find equivalent monthly rent.