Renting vs. Buying
High debt-to-income ratios can lead to risky lending practices, but just because you qualify for a loan doesn’t mean you should take it. Homeownership comes with hidden costs like maintenance, insurance, and increased utilities that can strain your finances. It's crucial to be debt-free and have an emergency fund before committing to a mortgage to ensure your paycheck stays where it belongs— in your bank account.In this clip
From this podcast
George Kamel
Why You Can Afford Rent But Not a Mortgage
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