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I replied and keep in mind this is during the height of the frenzy, that the growth is not just revenues and debt to equity, it is the amount of available cash on hand. If you can fully pay off your credit card balances and seen cripple you and your family emotionally and financially. During the skyrocketing home prices, one of my bosses expenses your net income was $2000 dollars for the year. Just as Einstein stated, the power of the compound interest is full calculation and see if after ALL expenses, are you ahead? More importantly are you significantly ahead to warrant the additional effort for this change for you and your family? If you moving to a more expensive part of the country, if you must maintain two residences to take the new job that offers a larger salary, do the only means more property taxes for me - until the asset is cashed, it is only a paper value. If you find this quiz interesting, share it with your friends and as “unsecured” loans, Nemo Personal Finance loans are secured because they are backed by the value of your home.
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