Some Popular Questions and What They Mean - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and wi...

Podcast Details:
Podcast Title:  Some Popular Questions and What They Mean
Podcast Series: Financial Literacy Boot Camp
Video and illustrations available on our YouTube channel here.


Powerpoint Slides

In episode 44, we discussed “Knowing Your Numbers” and this is a follow-up to that episode on some of the more popular questions I’ve come across.

Questions/Issues We’ll Address on this Episode:
Q) What is a good debt ratio and what is a bad debt ratio? (5:23)

A) Most experts would say for every dollar of income you should have no more than 36 cents of debt.  This would be anything you have a payment on (house, car, etc.).  As I explained in episode 44 about knowing your numbers, underwriters will use 43% t --- Send in a voice message: https://anchor.fm/dom-the-maven/message