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re: Question about debt reduction and deciding when to purchase home
Posted on 5/10/11 at 4:38 pm to BlackenedOut
Posted on 5/10/11 at 4:38 pm to BlackenedOut
quote:
You forgot taxes, which will take away some of that 130K
you're right.. I did. But even after taxes, it seems like he still has plenty to live on after paying that much per month on the debt.
Good news is that you have a great income and once the debt is gone you'll be able to build wealth quite quickly.
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