6 Signs That You Are Living Beyond Your Means
Saturday, 27 August 2011, 00:02 IST
By SiliconIndia
By SiliconIndia
More Than 28 percent on House Payment
When you can't afford even 5 percent of your income to your saving account, but you're spending over 28 percent of it only on house payment. It is obviously not a very wise thing. When getting mortgages, tally it with your income power and make it a reasonable percent. 30 percent of income going into mortgage payment will make you devoid of all other necessary expenditures.
When you can't afford even 5 percent of your income to your saving account, but you're spending over 28 percent of it only on house payment. It is obviously not a very wise thing. When getting mortgages, tally it with your income power and make it a reasonable percent. 30 percent of income going into mortgage payment will make you devoid of all other necessary expenditures.
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