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The 40% rule states that a borrower's total monthly debt payments, including their mortgage payment, should not exceed 40% of their gross monthly income. This rule is used by lenders to assess the borrower's ability to handle their debt and make timely payments. If the borrower's debt-to-income ratio exceeds 40%, they may be considered a higher risk to lenders and have difficulty qualifying for a mortgage. It is important to note that the 40% rule is not a hard and fast rule and may vary from lender to lender. Have you ever applied this rule? Say it with "YES" 🙋â€â™‚ï¸ or "NO" 🙅â€â™‚ï¸â¬‡ï¸ Download the 👇 apps now! MO Investor app: https://bit.ly/MOInvestorApp-FBResearch360 app: https://bit.ly/Research360App_FB🔗 Disclaimer: http://ow.ly/63nS50Lqpleâ–¶ï¸ Share this with your investing buddy 🔖 Save this post for future reference. â˜‘ï¸ Follow us for more such content. #MotilalOswal #DidYouKnow #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #investing101 #financerules #financialliteracy #MotilalOswal #DidYouKnow #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #investing101 #financerules #financialliteracy
The 40% rule states that a borrower's total monthly debt payments, including their mortgage payment, should not exceed 40% of their gross monthly income.This rule is used by lenders to assess the borrower's ability to handle their debt and make timely payments.If the borrower's debt-to-income ratio exceeds 40%, they may be considered a higher risk to lenders and have difficulty qualifying for a mortgage.It is important to note that the 40% rule is not a hard and fast rule and may vary from lender to lender.Have you ever applied this rule?Say it with "YES" 🙋â€â™‚ï¸ or "NO" 🙅â€â™‚ï¸â¬‡ï¸Download the app now! - MO Investor App👉Traders - MO Trader App🔗 For disclaimer, visit our Share this with your investing buddy🔖 Save this post for future reference.â˜‘ï¸ Follow @motilaloswalgroup for more such content. #linkinbio #MotilalOswal #DidYouKnow #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #investing101 #financerules #financialliteracy
Due to complex investment options, a lot of people end up following these thumb rules when it comes to attaining financial goals Have you ever applied the 100 minus age rule? Say it with "YES" 🙋â€â™‚ï¸ or "NO" 🙅â€â™‚ï¸ â¬‡ï¸Download the 👇 apps now! MO Investor app: https://bit.ly/MOInvestorApp-FBResearch360 app: https://bit.ly/Research360App_FB🔗 Disclaimer: http://ow.ly/63nS50Lqpleâ–¶ï¸ Share this with your investing buddy 🔖 Save this post for future reference. â˜‘ï¸ Follow us for more such content. #MotilalOswal #DidYouKnow #100minusagerule #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #investing101 #financerules #financialliteracy #MotilalOswal #DidYouKnow #100minusagerule #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #investing101 #financerules #financialliteracy
Due to complex investment options, a lot of people end up following these thumb rules when it comes to attaining financial goalsHave you ever applied the 100 minus age rule?Say it with "YES" 🙋â€â™‚ï¸ or "NO" 🙅â€â™‚ï¸â¬‡ï¸Download the app now! - MO Investor App👉Traders - MO Trader App🔗 For disclaimer, visit our Share this with your investing buddy🔖 Save this post for future reference.â˜‘ï¸ Follow @motilaloswalgroup for more such content. #linkinbio #MotilalOswal #DidYouKnow #100minusagerule #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #investing101 #financerules #financialliteracy
This rule is a general guideline that every investor can follow. One should consult with an investment professional before getting started. Have you ever applied the Rule of 114? Say it with "YES" 🙋â€â™‚ï¸ or "NO" 🙅â€â™‚ï¸ â¬‡ï¸Download the 👇 apps now! MO Investor app: https://bit.ly/MOInvestorApp-FBResearch360 app: https://bit.ly/Research360App_FB🔗 Disclaimer: http://ow.ly/63nS50Lqpleâ–¶ï¸ Share this with your investing buddy 🔖 Save this post for future reference. â˜‘ï¸ Follow us for more "Did you know." #MotilalOswal #DidYouKnow #ruleof114 #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #investing101 #financerules #financialliteracy #MotilalOswal #DidYouKnow #ruleof114 #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #investing101 #financerules #financialliteracy
Swipe right for everything you need to know about the Rule of 33 Have you ever applied the Rule of 33? Say it with "YES" 🙋â€â™‚ï¸ or "NO" 🙅â€â™‚ï¸ â¬‡ï¸Download the 👇 apps now! MO Investor app: http://ow.ly/huk250LqplcResearch360 app: http://ow.ly/Cup350Lqplf🔗 Disclaimer: http://ow.ly/63nS50Lqpleâ–¶ï¸ Share this with your investing buddy 🔖 Save this post for future reference. â˜‘ï¸ Follow us for more "Did you know." #MotilalOswal #DidYouKnow #ruleof33 #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules #financialliteracy #MotilalOswal #DidYouKnow #ruleof33 #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules #financialliteracy
When it comes to financing: • Rethink –buying power • Revisit – purchase decision • Reduce – unnecessary expenses Swipe right for everything you need to know about the 7-Day Rule Have you ever applied the 7-Day Rule? Say it with "YES" 🙋â€â™‚ï¸ or "NO" 🙅â€â™‚ï¸ â¬‡ï¸Download the 👇 apps now! MO Investor app: http://ow.ly/huk250LqplcResearch360 app: http://ow.ly/Cup350Lqplf🔗 Disclaimer: http://ow.ly/63nS50Lqpleâ–¶ï¸ Share this with your investing buddy 🔖 Save this post for future reference. â˜‘ï¸ Follow us for more "Did you know." #MotilalOswal #DidYouKnow #7dayrule #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules #financialliteracy #MotilalOswal #DidYouKnow #7dayrule #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules #financialliteracy
With a simple research methodology, it will not only help investors to cut in trouble and come up with a strategic move. Next time, you won’t need a rain check. All you have to do is save enough for scenarios like sabbaticals, job switches, major illness, an accident, or even when you lose a job. 6 X Emergency Rule just helps you to be prepared for the unexpected situations Safeguard your family and yourself from financial distress in future Swipe right for everything you need to know about the Rule of 6x Have you ever applied the Rule of 6x? Say it with "YES" 🙋â€â™‚ï¸ or "NO" 🙅â€â™‚ï¸ â¬‡ï¸Download the 👇 apps now! MO Investor app: http://ow.ly/huk250LqplcResearch360 app: http://ow.ly/Cup350Lqplf🔗 Disclaimer: http://ow.ly/63nS50Lqpleâ–¶ï¸ Share this with your investing buddy 🔖 Save this post for future reference. â˜‘ï¸ Follow us for more "Did you know" #MotilalOswal #DidYouKnow #6xrule #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules #financialliteracy #MotilalOswal #DidYouKnow #6xrule #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules #financialliteracy
There is no hard and fast rule to invest your money. These are merely guidelines that will assist you with asset allocation Swipe right for everything you need to know about the Rule of 10/5/3 Have you ever applied the Rule of 10/5/3? Say it with "YES" 🙋â€â™‚ï¸ or "NO" 🙅â€â™‚ï¸ â¬‡ï¸Download the 👇 apps now! MO Investor app: http://ow.ly/huk250LqplcResearch360 app: http://ow.ly/Cup350Lqplf🔗 Disclaimer: http://ow.ly/63nS50Lqpleâ–¶ï¸ Share this with your investing buddy 🔖 Save this post for future reference. â˜‘ï¸ Follow us for more "Did you know" #MotilalOswal #DidYouKnow #1053rule #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules #financialliteracy #MotilalOswal #DidYouKnow #1053rule #financefacts #didyouknowfacts #didyouknowfinance #trendingnow #knowledge #finance #goodreads #interestingfacts #investingsimplified #financerules #financialliteracy
