Varven@lemmy.world to Memes@lemmy.ml · 5 months agothe debtlemmy.worldimagemessage-square164fedilinkarrow-up11.09Karrow-down193
arrow-up1998arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 5 months agomessage-square164fedilink
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up5·5 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.