Varven@lemmy.world to Memes@lemmy.ml · 6 months agothe debtlemmy.worldimagemessage-square151fedilinkarrow-up11.07Karrow-down189
arrow-up1978arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 6 months agomessage-square151fedilink
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up5·6 months 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.