“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
There’s not much of a difference when the size of the purchase determines “the maths” of the monthly payment.
I did the maths before I purchased my home. The maths should inform the size of the purchase, not the other way around. I don’t get why you lot insist the problem is just how much she bought, rather than the fact that she didn’t do the maths.
We insist because “the monthly payment” is directly proportional to the purchase price of the home. You’re the one who seems to think the monthly payment is somehow completely independent of the price.
I am not saying that at all. I’m saying that “the largest purchase of my life” is not the reason for living cheque to cheque. It’s bad budgeting.
As an analogy, you’re insisting the fall is what kills someone, and I’m insisting it’s the sudden stop at the end. Because it is the sudden stop at the end. If just falling killed people, that Red Bull guy woulda died. If just making a large purchase put people in poverty, I would be too.