this post was submitted on 07 Jun 2024
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the debt (lemmy.world)
submitted 5 months ago by Varven@lemmy.world to c/memes@lemmy.ml
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[–] candybrie@lemmy.world 0 points 5 months ago

They said service the debt, not pay off the whole thing. For an analogy, your whole mortgage being less than your annual salary isn't a requirement; your monthly mortgage payment being a fraction of your monthly salary is.