https://padlet.com/kaelib_field/llpa9geqmc09 By: Kaelib Field en-us 2016-09-20 14:47:16 UTC 2025-12-16 18:39:30 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Balance.png kaelib_field https://padlet.com/kaelib_field/llpa9geqmc09/wish/125106194 Balance is typically referring to what your debt to income ratio is (DTI).  "The measure is commonly used to determine if the household qualifies for a mortgage or loan . . . The DTI ratio compares gross income (before-tax income) to the debt load a household is carrying." (PF Unit 4)]]> 2016-09-20 14:52:30 UTC https://padlet.com/kaelib_field/llpa9geqmc09/wish/125106194 kaelib_field https://padlet.com/kaelib_field/llpa9geqmc09/wish/125109849 For me my personal income will be around $30,000 annually so my DTI will probably be in proportion as long as I make it so, and I will.]]> 2016-09-20 15:00:20 UTC https://padlet.com/kaelib_field/llpa9geqmc09/wish/125109849 kaelib_field https://padlet.com/kaelib_field/llpa9geqmc09/wish/125112354 The steps that I can take towards a healthy DTI are numerous and fairly simple to keep for anyone to keep so long as they remain true to their responsibilities. steps such as " Pay your bills on time, every time . . .  Don’t get close to your credit limit . . . A long credit history will help your score  . . . Only apply for credit that you need. " (PF Unit 4).]]> 2016-09-20 15:05:09 UTC https://padlet.com/kaelib_field/llpa9geqmc09/wish/125112354