The back - end ratio is used to calculate the percentage of gross monthly income that will go
towards covering all debt payments.
Not exact matches
If we had a war chest of 80 million before the deal AND we had allour bills and
debts covered in our long term fianacial plan, where the F@ck has this alleged 150million gone??? Surely it whould have been spent on buying these world class players we all know we need instaed of being salted away somewhere OR being put
towards other things?
If we had a war chest of 80 million before the deal AND we had all our bills and
debts covered in our long term fianacial plan, where the F@ck has this alleged 150million gone??? Surely it whould have been spent on buying these world class players we all know we need instaed of being salted away somewhere OR being put
towards other things?
I am convinced this is the best way to get out of
debt, though I tend to lean
towards a slightly larger baby emergency fund to
cover major financial emergencies.
Once you have calculated precisely how much money you owe, then it is time to create a budget that will help you to use your income more efficiently by
covering all your necessary expenditures and working
towards the elimination of your
debt and improving your credit and credit score.
The problem is that much of this is targeted
towards older demographics and doesn't often
cover topics like how to deal with significant student loan
debt.
While the first part goes
towards the cost of life
cover, the second part is invested in
debt, equity, or hybrid funds.
Combining insurance and investment, a portion of the premium goes
towards providing a life
cover, whereas the remaining is invested in equity and
debt.
In a traditional life insurance plan a part of the premium goes
towards mortality charges (for life
cover) and the remaining is invested primarily in
Debt or Fixed Income Securities.
In ULIPs, a fraction of the premium goes
towards your life
cover while the remaining is invested in equity and
debt schemes.
This amalgamation offers great returns along with offering life
cover for the policy term.Allocation of money
towards debt will systematically enhance the corpus to protect your fund value.