Episode 94: Thirty-Six, Twenty-Eight
Episode description
There are two numbers that are extremely important for all adults when it comes to thinking about debt and income: 36 and 28. This week’s episode is all about buying only what you can afford. Specifically, when it comes to purchasing a house. We’ll kick off the show with our list of the best movies to watch for first-time home buyers. Then, we’ll dive into how breaking the 36/28 rule can have serious implications for your finances. We’ll talk about calculating your debt load, front-end and back-end ratios, and how costs can add up extremely quickly. Don’t miss this episode as we give tips on how to not be house poor!
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The List: Best Movies for First-Time Homebuyers
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Hashtags of the week: #ThirtySixTwentyEight #BuyingAHome #DontBeHousePoor #SirMixALot #BuyWhatYouCanAfford #Income #Debt
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- Produced by Cameron Spann | Powered by Pickler Wealth Advisors
- Sound effects obtained from https://www.zapsplat.com