Borrowing money to buy something now, is simply placing a mortgage on your futur…

Borrowing money to buy something now, is simply placing a mortgage on your future income, let alone the tax you pay for the privilege by way of interest. That said, you shouldn’t borrow more than you are able to afford. And the only way to know what you can afford to comfortably repay is to know the metrics of your lifestyle. Money in and Money out. #debtelimination