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has anyone ever done a debt calculator on themselves before?

Anonymous
Posted by Anonymous
  • 3 Replies

I don't get it. Can someone dumb it down for me?

it says that my mortgage debt is 16% of my disposable income and my other debt is 1% making my total debt 16.3% (not sure how its 16.3% if other debt is 1% and mortgage debt is 16% but whatever) of my disposable income leaving 83.3% of disposbale income remaining.

so is that good? or bad? ahh. i don't get it.

lmao.

 

 

Posted by Anonymous on Jan. 24, 2013 at 12:01 PM
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Replies (1-3):
Anonymous
by Anonymous - Original Poster on Jan. 24, 2013 at 12:09 PM

bump

mcwife86
by on Jan. 24, 2013 at 12:10 PM

i don't do those. i just do a budget sheet. i have used a retirement calculator though.

http://www.daveramsey.com/home/

Anonymous
by Anonymous - Original Poster on Jan. 24, 2013 at 12:11 PM

 


Quoting mcwife86:

i don't do those. i just do a budget sheet. i have used a retirement calculator though.

http://www.daveramsey.com/home/


 

thanks. i actually got the idea to do a debt calculator from him on his show. but i couldn't find one on his site so i used one on msn money.

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