Varven@lemmy.world to Memes@lemmy.ml · 23 days agothe debtlemmy.worldimagemessage-square164fedilinkarrow-up11.09Karrow-down193
arrow-up1994arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 23 days agomessage-square164fedilink
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up5·22 days 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.