Why You Should Be Skeptical of Financial “Rules of Thumb”
Prairie Eco-Thrifter
MAY 1, 2013
If you lose your job, or encounter another financial setback, 30% of your income might be too much to handle for a mortgage payment — especially if you have other debt. Instead of just buying 10 times your annual salary for life insurance, sit down and figure out what your really needs are.
Let's personalize your content