Snout-Out Edition: The 0.01% Rule — Spending with Clarity

Neil Caron
Sep 26
2 min read

September 26, 2025 | Finance Hacks | Presented by ReadySetLoan™️

What Is the 0.01% Rule?

The 0.01% Rule is a simple financial hack:

If a purchase costs less than or equal to 0.01% of your net worth, you can buy it without guilt.

Example: If your net worth is $500,000, then anything under $50 qualifies. The goal is to eliminate decision fatigue for small, low-stakes purchases—so you can say “yes” without overthinking.

Why It’s Catching On

Helps stop sweating the small stuff like coffee upgrades or everyday extras.
Shifts the focus from income to wealth—what you own, not just what you earn.
Allows room to enjoy life a little while staying financially disciplined.

What to Watch Out For

Miscalculating net worth can lead to overspending.
Lots of “tiny” spends can add up quickly if unchecked.
For those with lower net worth, even small costs can still have a big impact.

Connecticut Perspective

In a state like Connecticut, where property taxes, insurance, and housing costs are higher, applying the 0.01% Rule requires care.

Buyers: Check your math before making those small “automatic yes” purchases.
Sellers & Agents: Understand that many clients may overthink even tiny costs—clear guidance helps reduce anxiety.

🐷 RSL Piggy Points

The 0.01% Rule reduces anxiety over daily purchases.
Wealth, not income, should guide spending decisions.
Occasional small “permission spends” are healthy.
Watch the totals—small buys stack up faster than you think.

Neil’s Take 🎤

“As financial pressures mount, small wins matter,” says Neil Caron, Area Sales Manager at CMG Mortgage. “Connecticut buyers benefit when they understand what costs truly move the needle—and which ones are just noise.”

RSL Perspective

At ReadySetLoan™️, we believe in balance. The 0.01% Rule is a smart tool when paired with thoughtful planning. It frees you from sweating the small stuff—so you can focus on the bigger financial moves that matter most.

Final Snout-Out

The 0.01% Rule isn’t about reckless spending—it’s about mental clarity. It gives you permission to stop overthinking small choices, so you can save your energy for the finish line: building wealth and financial freedom.