Spending more than one earns increases the debt-to-income (DTI) ratio, which can make it difficult to borrow money in the future.

Authors

• Person: Not available Organization: OneMain Financial
  The Four Components of Personal Finance - OneMain Financial

Sources

• The Four Components of Personal Finance - OneMain Financial www.onemainfinancial.com OneMain Financial via serper

Referenced by nodes (1)

• debt-to-income ratio concept