What Is Debt-To-Income Ratio?

Your debt-to-income ratio is the sum of all your monthly debt payments divided by your gross monthly income. This number gives lenders a way to measure your ability to repay your loan, based on your income. Basically, imagine that your monthly mortgage is $1,000 per month. If you also have a car payment of $300,…

EASY TRICK SLASHES 500 CALORIES A DAY

If you cut 500 calories a day from your diet, you will lose weight. Here’s an easy way to do just that without changing anything about the foods and drinks you consume: Eat smaller portions. Prevention magazine calls portion control “the gold standard if you want to lose weight.” Gareth Hollands, a Cambridge University medical researcher,…

What Is Your Money Personality?

When it comes to money — whether we most enjoy spending it or saving it — we all have a money personality. Olivia Mellan, author of “Money Harmony: Resolving Money Conflicts in Your Life and Relationships,” has identified five distinct money personalities. Do note that each type has good qualities and shortcomings, and most of…

Secret To A Healthy Heart

Early to bed and early to rise makes a man healthy, wealthy and wise. While we can’t tell you that a good night’s sleep most nights will increase your checking account bottom line or make you smarter, it could very well make you healthier — so much healthier that you will live longer than those…