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Yakezie Carnival – Credit Cards Edition

Prairie Eco-Thrifter

Since there seems to be so much in the news lately about credit cards- the good ones, the bad ones, the ugly ones, the fee free ones, the reward ones, the secured ones, etc. I figured I would talk about credit cards as today’s theme. Funancials : Should I Cancel My Credit Card? Futures introduction.

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Reader Question: How Much Money Do I Need To Buy My First Home?

Prairie Eco-Thrifter

Total Debt Service (TDS) ratio – This approach looks at your debt levels, including housing debts, loans, car payments and credit card repayments. What if this is just too steep to be achievable for you? Any figure above this is considered to be on the wrong side of affordable. You may prefer a high ratio mortgage instead.

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