Varven@lemmy.world to Memes@lemmy.ml · 2 years agothe debtlemmy.worldimagemessage-square163fedilinkarrow-up11.09Karrow-down192
arrow-up1996arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 2 years agomessage-square163fedilink
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up5·2 years agoThey said service the debt, not pay off the whole thing. For an analogy, your whole mortgage being less than your annual salary isn’t a requirement; your monthly mortgage payment being a fraction of your monthly salary is.
They said service the debt, not pay off the whole thing. For an analogy, your whole mortgage being less than your annual salary isn’t a requirement; your monthly mortgage payment being a fraction of your monthly salary is.