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/biz/ - Business & Finance

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>> No.55524058 [View]
File: 13 KB, 553x108, no_money_no_problem_step_this_way_Sir.jpg [View same] [iqdb] [saucenao] [google]
55524058

>>55523892
>Decent car, decent bird, a mortgage etc.
Car - its more or less rented form the dealership.
Until you miss a payement, picrel.
mortgage - this thread. As noted, a 3% increase in interest rates can mean 30-50% larger monthly payment. The house is also more or less rented from the bank, until you miss, etc.
Bird - the life of the Deano is precariously balnced, financially speaking. And when pain arrives, the bird is often first to fly the about-to-be-repoed nest. The tidier, the quicker.
tldr, Deano's is 'doing well, on the flash surface of it' kinda life. But it can go all go very pear-shaped, very fucking rapid. As they are about to find out.

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