Money matters, and managing personal finances can be overwhelming. It is essential to take control of your finances before they take control of you. With a little bit of groundwork, planning, and patience, you can develop winning habits to stay on top of your finances. In this blog post, we’ll dive into some tips to help you stay on top of your personal finances. Make a Budget to Manage Your Personal Finances The first step towards financial success is to create a budget. It’s important to have a clear understanding of where you stand with your finances. When you make…
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Are you feeling financially trapped? Do you feel like every paycheck is just going toward your debt payments? My friend, it may be time to take a good hard look at your income debt ratio. Income debt ratio? That sounds like something only accountants and financial advisors care about.” But let me tell you, understanding this little number can be the key to unlocking your financial freedom. So sit back, grab a calculator (or your trusty phone), and get ready to learn how this sneaky little ratio may be sabotaging your money goals. What is Income Debt Ratio Ah, the…