Income – pmtCalcs.com

How Much House Can I Afford

August 31, 2023August 19, 2023 - Leave a Comment

Buying a house is a big decision that requires careful planning and research. To calculate how much house you can afford, you can use the 28/36 rule or an online affordability calculator to get a rough estimate based on your income, debt, down payment and other costs. However, you should also consider other factors that may affect your affordability such as your savings goals, spending habits, future plans and risk tolerance. By doing so, you can find a house that is not only affordable but also suitable for your lifestyle and dreams.

Personal Finance

What Is A Rat Race? Why You Need To Get Out Of It

July 31, 2023August 19, 2023 - Leave a Comment

Do you feel like you are stuck in a never-ending cycle of working hard, paying bills, and having no time or money to enjoy life? If so, you might be trapped in the rat race. The rat race is a term that describes the futile pursuit of financial success and social status that many people engage in. It evokes an image of rats running endlessly on a wheel, working hard every day but never getting anywhere.

Personal Finance

Taxes on Student Loan Forgiveness: What You Need to Know

July 23, 2023August 19, 2023 - Leave a Comment

Student loan forgiveness can be a great relief for borrowers who are struggling to repay their debt. However, it can also come with a hidden cost: taxes. Depending on the type and timing of your student loan forgiveness, you may have to pay federal or state income taxes on the amount of debt that is canceled. Here are some things you need to know about taxes on student loan forgiveness.

Personal Finance

Why You Need Multiple Income Streams

July 19, 2023August 19, 2023 - Leave a Comment

Having multiple income streams is not a luxury but a necessity in today’s uncertain and competitive world. By creating multiple sources of income, you can increase your income potential, reduce your income risk, diversify your income sources, enjoy more flexibility and freedom, and pursue your passions and interests. You don’t need to be rich or famous to have multiple income streams. You just need to be smart, resourceful, and proactive. Start today and see the difference it can make for your financial future.