Varven to Memes@lemmy.ml · 10 months agothe debtimagemessage-square170fedilinkarrow-up11.09Karrow-down198
arrow-up1992arrow-down1imagethe debtVarven to Memes@lemmy.ml · 10 months agomessage-square170fedilink
minus-squarecandybrielinkfedilinkarrow-up5·10 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.