It is 4 answers Best Financial Problems – Many of the problems experienced by most people today is because the dark about financial problems. Basically people do not know some of the important aspects in managing their money and stick with such ignorance. This is a growing problem, especially among the younger generation, at least they have to work hard to understand the financial problems.
Consider four important questions about the finances below.
How much your mortgage payments to be paid to the cost of rent or repay a home?
%? 25 %? Experts agree that the rent or mortgage payment should not
exceed 31% of your monthly income. If the amount exceeds 31 percent, it
will increase the burden of your expenditures to pay liabilities of
other expenses such as transportation costs, electricity, food, and
more. Keep the cost of rent or mortgage your house as low as possible so
that the rest can use for other debt obligations such as credit card
payments or payment of insurance claims.
How can you improve your accounts quickly?
Many people consider the solution to these questions is to combine
their debts into a single payment account and close the other accounts.
In fact, none of them would benefit from such a move in the short term.
The closure of old accounts receivable will reduce the number of
possibilities that you can use. It is best not to pay money to the
account of debt exceeds 25% of your revenue. Having some debt is not a
problem, but the sound is not exceeding the limit of 25%, if more can be
very damaging finances and your life.
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