Varven@lemmy.world to Memes@lemmy.ml · 8 months agothe debtlemmy.worldexternal-linkmessage-square144fedilinkarrow-up1288arrow-down119
arrow-up1269arrow-down1external-linkthe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 8 months agomessage-square144fedilink
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up4·8 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.