In class yesterday, we had an example of a person who earns - TopicsExpress

In class yesterday, we had an example of a person who earns $37,800 yearly. Their monthly expenses $1454. The most they could afford for a home was $116,000 roughly. If you take away their credit card payment of $140. They can afford $141000 roughly. That is $25000 more. This could be the difference in a school zone, how far you have to drive to work, and so many other things. The amount of consumer debt you have matters. Get rid of it.

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