Pittance
Posted on March 23, 2007 - Filed Under Business |
Much has changed.
At that time, my indifference to the pay raise I was given was prevalent. My first tenant was paying rent and life was good.
This year, my attitude was different.
It is not with gratitude, irreverence or negativity that I face this augmentation.
It is with joy.
Sprinkled with a little greed.
There is always an ulterior motive . . .
It has to deal with debt to income ratio; the ratio lenders look at when evaluating the borrower. Lenders look at the total monthly debt, then divide that by the gross monthly income. The lower this ratio, the more money that can be borrowed.
By increasing my income, the ratio goes down. But as fate would have it, my expenses were decreased significantly. As the expenses decrease, the ratio goes down. Because both conditions occurred this last month, my lending ratio changed significantly.
Of course this change only counts if I use it for good, not evil.
On a lighter note . . .
Chez Cliff is still with us.
| Butternut Squash and Vanilla Soup |
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| Life is good. |
If you liked that post, then try these...
FOR RENT on November 28th, 2005
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Chinese Water Torture on February 16th, 2007
It only took 10 years.
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