“Tough luck,” said the bank.  Actually, it’s not all so bad.  I went in this last week to see about qualifying for a home loan.  I qualify for something, but not enough to get a home.  My problem is my debt to income ratio.  The good news is that my only debt is my car and my student loans, it’s just that I don’t make enough to offset them significantly.  If I save very aggressively I could pay off my car a lot faster and qualify for a much larger home.  The other side of the coin is the economy really sucks as I’m sure you’re all aware.  Even if I did qualify for a larger loan right now, if I were suddenly cut down to four days a week I’d be SOL.  So I might as well stick around where I am for the time being.  The trick will be to continue to save money during this time (he typed as a new car stereo was in transit to his home).

Filed under: General by John