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If you want to invest your money on business, you should devote yourself into this so it will bloom. It’s okay if you’ve got other priorities, but it would be better if you will go full-time to see what you’re business really needs.
However, it has a major disadvantage from my point of view. There are too many people trying to make money from it! So, instead of making an effort to explain the scientific side of it, they are telling us ‘it’s easy’ – just read the book, watch the DVD, or buy whatever they’re offering.
Ignoring this is only going to create complications. The last thing you can afford is a casual approach. Sooner or later, your casual approach will lead to more complications.
When you are looking to get a loan, rather than looking at how much you wish to borrow, consider what you can actually afford on a month to month basis. The last thing you want to do is be given a second chance by a lender and then default on the loan again.
Arranging for your bank to make an automatic credit card payment for you every month protects you from pointless penalty charges. Credit card companies would rather see you make regular payments than pay your balance off completely. If you schedule an automatic debit of your checking account, you eliminate the need to worry about making a payment late.
There is no doubt at all that the home loan income limits are only being checked by the private banks and the VA and the FHA do not just look at the income limit.