Dec 14 2024 6 mins
The reason I wanted to dedicate an episode to debt-to-income, is because I’m personally around the age where a lot of my peers, including myself, are starting to make larger purchases, aka LOANS – And I’m mainly referring to buying your first home, but even purchasing a new car these days, DTI matters. To put it simply, debt to income is all your monthly debt payments divided by your gross monthly income.