affordability

How to Determine If Your Finances Are Ready for a Big Purchase

A home, a car, the latest pricey gadget — before you commit to buying, you better make sure you can afford such a large purchase.

Owning too much house often leads to your house owning you. Avoid becoming house poor with a radical approach to housing costs.

Before taking on any new debt, ask yourself these four questions. Are you ready for the financial commitment?

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