Wait. So include total debt w/ mortg but only divide by monthly income? Sure that’s what you want? Maybe on payments?

Sign up, and you can make all message times appear in your timezone. Sign up

Report problem with this ad

Jan 30, 2023
3:48:19pm

Soupie Grandma Sycamore

Wait. So include total debt w/ mortg but only divide by monthly income? Sure that’s what you want? Maybe on payments?

Report problem with this ad

Soupie

Bio page: Soupie
Joined: Dec 29, 2015
Last login: May 2, 2024
Total posts: 96,307 (31,192 FO)

Report problem with this ad

Messages

Author

Time

POLL: How much consumer debt have ye currently?

Skeptical Optimist

1/30/23 3:45pm

If you can pay off your mortgage but choose not to, is it really debt?

Baron

1/30/23 3:47pm

Wait. So include total debt w/ mortg but only divide by monthly income? Sure that’s what you want? Maybe on payments?

Soupie

1/30/23 3:48pm

Edited to be more clear. Monthly debt payments as % of total monthly income.

Skeptical Optimist

1/30/23 3:51pm

That makes more sense. Probably a big function of age/stage in life at play.

Soupie

1/30/23 3:54pm

This won't work either. Most people simply don't consider mortgages to be consumer debt.

kccougar

1/30/23 3:48pm

Percentage of monthly gross? If you are including mortgage, the percentages you have as options don't really make sense

1/30/23 3:50pm

RE: Percentage of monthly gross? If you are including mortgage, the percentages

Skeptical Optimist

1/30/23 3:52pm

What about rentals that cash flow positively

kotacoug

1/30/23 4:02pm

I just used the positive cash flow as the income number and did not include the

Superman21

1/30/23 4:10pm

I would consider that business debt rather than consumer debt.

kccougar

1/30/23 4:39pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad