Many Are House Poor and How You Can Avoid The Same Mistakes

One of the biggest mistakes I’ve seen friends (and acquaintances) make is to buy a home that’s simply too expensive for them. Most professionals suggest a rule of thumb to spend no more that 35% of your net income on housing. And for the record, housing includes more than just a mortgage payment with additional [...]

Source: http://www.financefox.ca/house-poor-avoid-mistakes/?utm_source=rss&utm_medium=rss&utm_campaign=house-poor-avoid-mistakes

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