return2ozma@lemmy.world to News@lemmy.world · 1 month agoConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comexternal-linkmessage-square193fedilinkarrow-up1550arrow-down130cross-posted to: usa@lemmy.mleconomics@lemmy.worldaboringdystopia@lemmy.world
arrow-up1520arrow-down1external-linkConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 1 month agomessage-square193fedilinkcross-posted to: usa@lemmy.mleconomics@lemmy.worldaboringdystopia@lemmy.world
minus-squareastreus@lemmy.mllinkfedilinkarrow-up5·1 month agoTo add to this, the rule of thumb in the UK is your maximum loan is 4.5x your salary. The average worker could borrow about £157,000.
To add to this, the rule of thumb in the UK is your maximum loan is 4.5x your salary.
The average worker could borrow about £157,000.