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Category: Budget Tips

How to Find Your Debt-to-Income Ratio

How to Find Your Debt-to-Income Ratio

In addition to your credit score, your Debt-to-Income (DTI) ratio is an integral part of your financial health. Calculating your DTI ratio may help you determine how comfortable you are with your debt and decide which credit cards are best for you. When you apply for...
Using the 50/30/20 Rules to Stay on Budget

Using the 50/30/20 Rules to Stay on Budget

Too often, people spend more than they make each month, putting them in debt. Staying on budget can be challenging for some people. A method many people use to stay on budget is the 50/30/20 rule. Senator Elizabeth Warren popularized this method in her book “All Your...