THE MOTLEY FOOL PERSONAL FINANCE WORKBOOK by DAVID
Author:DAVID
Language: eng
Format: epub
Publisher: FIRESIDE
Published: 2003-07-15T00:00:00+00:00
YOU DECIDE HOW MUCH TO BORROW
Before you borrow $90,000, $200,000, or whatever you need for your mortgage, figure out whether you can really afford it. Just because the bank will loan it to you doesn’t mean that you will live your life in such a way as to be able to pay it back. Are you planning to have a big family? Would you rather replace your Chevy Cavalier with a new Mercedes? Are you saving enough for retirement? Your house payment is just one piece of your financial puzzle. What might you need to give up to make that house a reality, and are you really willing to do it?
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