{"id":355253,"date":"2023-05-17T09:05:00","date_gmt":"2023-05-17T01:05:00","guid":{"rendered":"https:\/\/www.ziet.co\/v2024\/?p=355253"},"modified":"2024-10-01T14:27:46","modified_gmt":"2024-10-01T06:27:46","slug":"which-do-you-own-asset-or-liability","status":"publish","type":"post","link":"https:\/\/www.ziet.co\/v2024\/newsletter\/which-do-you-own-asset-or-liability\/","title":{"rendered":"#2 Which do you own? Asset or Liability?"},"content":{"rendered":"\n<p class=\"yoast-reading-time__wrapper\"><span class=\"yoast-reading-time__icon\"><svg aria-hidden=\"true\" focusable=\"false\" data-icon=\"clock\" width=\"20\" height=\"20\" fill=\"none\" stroke=\"currentColor\" style=\"display:inline-block;vertical-align:-0.1em\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 24 24\"><path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M12 8v4l3 3m6-3a9 9 0 11-18 0 9 9 0 0118 0z\"><\/path><\/svg><\/span><span class=\"yoast-reading-time__spacer\" style=\"display:inline-block;width:1em\"><\/span><span class=\"yoast-reading-time__descriptive-text\">Estimated reading time:  <\/span><span class=\"yoast-reading-time__reading-time\">4<\/span><span class=\"yoast-reading-time__time-unit\"> minutes<\/span><\/p>\n\n\n<figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/www.ziet.co\/v2024\/newsletter\/which-do-you-own-asset-or-liability\/\" target=\"_self\"  ><img fetchpriority=\"high\" decoding=\"async\" width=\"2500\" height=\"1406\" src=\"https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Which-do-you-own-Asset-or-Liability-featured.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"#2 Which do you own? Asset or Liability?\" style=\"border-radius:5px;object-fit:cover;\" srcset=\"https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Which-do-you-own-Asset-or-Liability-featured.jpg 2500w, https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Which-do-you-own-Asset-or-Liability-featured-300x169.jpg 300w, https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Which-do-you-own-Asset-or-Liability-featured-1024x576.jpg 1024w, https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Which-do-you-own-Asset-or-Liability-featured-768x432.jpg 768w, https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Which-do-you-own-Asset-or-Liability-featured-1536x864.jpg 1536w, https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Which-do-you-own-Asset-or-Liability-featured-2048x1152.jpg 2048w\" sizes=\"(max-width: 2500px) 100vw, 2500px\" \/><\/a><\/figure>\n\n\n<p>Timely updates to supercharge your wealth-building journey!<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-block-group-is-layout-constrained\" style=\"border-radius:5px;background-color:#f5f5f7\">\n<h3 class=\"wp-block-heading\"><strong>TABLE OF CONTENTS<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong><a href=\"#asset-vs-liability-101\">Asset vs. Liability 101<\/a><\/strong><\/li>\n\n\n\n<li><strong><a href=\"#word-of-the-week-debt-to-income-ratio\">Term of the Week: Debt-to-income ratio<\/a><\/strong><\/li>\n\n\n\n<li><strong><a href=\"#key-economic-dates\">Key economic dates: Services PMI, GDP, Core PCE Price Index<\/a><\/strong><\/li>\n\n\n\n<li><strong><a href=\"#what-ive-been-reading\">What I&#8217;ve been reading<\/a><\/strong><\/li>\n<\/ol>\n<\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"asset-vs-liability-101\"><strong>\ud83c\udfe1Asset vs. Liability 101 \ud83d\ude97<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large has-custom-border\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Asset-vs.-Liability-101-1024x576.png\" alt=\"\" class=\"wp-image-355260\" style=\"border-radius:5px\" srcset=\"https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Asset-vs.-Liability-101-1024x576.png 1024w, https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Asset-vs.-Liability-101-300x169.png 300w, https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Asset-vs.-Liability-101-768x432.png 768w, https:\/\/www.ziet.co\/v2024\/wp-content\/uploads\/2023\/05\/Asset-vs.-Liability-101.png 1132w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Believe it or not, the secret to financial success is as simple as understanding the difference between assets and liabilities.<\/p>\n\n\n\n<p>Assets provide you with income or capital appreciation. They are like a golden goose, laying precious eggs that fatten your wallet. E.g.:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Stocks \ud83d\udcc8<\/li>\n\n\n\n<li>Bonds<\/li>\n\n\n\n<li>Real estate (rental income\/capital appreciation)<\/li>\n\n\n\n<li>Alternative asset (i.e. collectibles)<\/li>\n<\/ul>\n\n\n\n<p>Got a big house with a spare room? Why not rent it out? Once that adorable couple moves in, you&#8217;ll be raking in RM600 every month. Cha-ching! \ud83d\udcb0<\/p>\n\n\n\n<p>Meanwhile, <strong>Liabilities<\/strong> steal money out of your pocket \ud83e\udd77. They are the mosquitoes in the evening, sucking your financial blood without you knowing. E.g.:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>car loans<\/li>\n\n\n\n<li>personal loan<\/li>\n\n\n\n<li>credit card debt \ud83d\udcb3<\/li>\n<\/ul>\n\n\n\n<p>You buy a brand-new luxury car for RM300,000. Its value depreciates and you are stuck with monthly payments (loan + maintenance + insurance etc.). Yikes! You\u2019ve got yourself a liability.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h5 class=\"wp-block-heading\">\ud83d\udca1<strong>Pro-tip:<\/strong><\/h5>\n\n\n\n<p>Start by <strong>listing down all your current assets and liabilities<\/strong>. Are you shocked by the amount of debt you have? Fear not; awareness is the first step towards change!<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Tips to Boost Assets &amp; Avoid Liabilities<\/strong><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>1. Prioritize paying off high-interest debt:<\/strong><\/h4>\n\n\n\n<p>High-interest debt will slowly eat you alive, especially credit cards! Pay off credit card debt while also saving a little for emergencies.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>2. Save, save, save:<\/strong><\/h4>\n\n\n\n<p><strong>Aim to save at least 10% of your income every month.<\/strong><br>I started with 10% as well (with a basic salary of RM 3,500), so about RM 400 a<br>month, not much for sure, but hey, even a little bit goes a long way!<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3. Create multiple income streams \ud83d\udcb0<\/strong><\/h4>\n\n\n\n<p>You could have multiple jobs on hand &#8211; white collar worker, a content creator, and a business owner. Hear a bro out &#8211; a side hustle or a part-time gig can be a great way to earn extra cash.<br><strong>Diversify your income<\/strong> like it&#8217;s a wardrobe &#8211; you can never have too many options!<\/p>\n\n\n\n<p>I used to do gigs as social media manager, content creator and video editor on top of my day job. At peak I worked 19 hours a day.<\/p>\n\n\n\n<p>Lucrative? Yes. Sustainable? No. But it makes me appreciate the hustle and my time when I looked back.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>4. Start investing \ud83d\udcc8<\/strong><\/h4>\n\n\n\n<p>Unleash your inner Warren Buffett and look for investment opportunities that offer steady, long-term growth (e.g. <strong>stocks, bonds, ETFs<\/strong>).<\/p>\n\n\n\n<p>US Stock market (S&amp;P 500 Index) has grown by 9.81% annually on average from 1994 until today, you&#8217;ll be laughing all the way to the bank. \ud83d\ude0e<\/p>\n\n\n\n<p>Recall: <strong>What can you do<\/strong>?<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Pump up the asset (the more, the merrier! \ud83e\udd11)<\/li>\n\n\n\n<li>Lower the liability<\/li>\n<\/ol>\n\n\n\n<p>Having said that, <strong>not all liabilities are bad<\/strong>. A student loan can unlock higher-paying jobs, while your car loan may be essential to reach your workplace. Just be mindful of the trade-offs!<\/p>\n\n\n\n<p>Here\u2019s my <strong><a href=\"https:\/\/www.instagram.com\/p\/CnLiLXgjJC_\/\" target=\"_blank\" rel=\"noreferrer noopener\">previous thoughts on Good Debt vs Bad Debt<\/a><\/strong>.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Let&#8217;s join Team Asset and start that financial growth today! \u2728<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"ast-oembed-container \" style=\"height: 100%;\"><iframe title=\"INFLATION: What It Is &amp; How It Affects You\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/8lLpAfFWs8A?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"word-of-the-week-debt-to-income-ratio\"><strong>Word of the week: Debt-to-income ratio<\/strong><\/h3>\n\n\n\n<p>Definition: This ratio compares your income against your fixed loan repayments such as housing and motor vehicle instalments as well as credit card repayments.<\/p>\n\n\n\n<p>You can use the debt to income ratio to find out if you have too much debt, that is to say, you are overextended.<\/p>\n\n\n\n<p>Your gross monthly income: RM5,000<br>Your fixed loan repayment: RM1,000<br>Debt to income ratio: RM1,000 \/ RM5,000 = 20%<\/p>\n\n\n\n<p>If your income varies from month to month, use your average income in the calculation. Most banking institutions will look into your debt-to-income ratio (more accurately, your <a href=\"https:\/\/www.propertyguru.com.my\/property-guides\/how-to-calculate-debt-service-ratio-dsr-12055\" target=\"_blank\" rel=\"noreferrer noopener\">Debt Service Ratio<\/a>) when considering your loan application.<\/p>\n\n\n\n<p>The generally acceptable debt to income ratio is up to a maximum of 30%.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"key-economic-dates\"><strong>Key Economic Dates:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>23rd May: Services PMI (May)<\/li>\n\n\n\n<li>25th May: GDP (Q1)<\/li>\n\n\n\n<li>26th May: Core PCE Price Index (Apr)<\/li>\n<\/ul>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"what-ive-been-reading\"><strong>What I\u2019ve been reading:<\/strong><\/h3>\n\n\n\n<p>Here are the top stories that caught my eye:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.cnbc.com\/2023\/05\/10\/cpi-inflation-april-2023.html\" target=\"_blank\" rel=\"noreferrer noopener\">US CPI Inflation Declines to 4.9% in April<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.businessinsider.com\/how-gmail-google-new-ai-tool-write-your-emails-2023-5\" target=\"_blank\" rel=\"noreferrer noopener\">Gmail&#8217;s Help Me Write: AI Crafts Emails for You<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/alphabet-stock-price-google-search-ai-snapshots-artificial-intelligence-googl-2023-5?_gl=1*d9cxke*_ga*NzQwNTE5OTUzLjE2ODM3NzYwMDg.*_ga_E21CV80ZCZ*MTY4Mzc3NjAwNy4xLjEuMTY4Mzc3NjYxNS4xMS4wLjA.\" target=\"_blank\" rel=\"noreferrer noopener\">Alphabet Stock Surges 5%: AI Announcements at I\/O Conference<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.cnbc.com\/2023\/05\/06\/berkshire-hathaway-annual-meeting-live-updates.html\" target=\"_blank\" rel=\"noreferrer noopener\">Insights from Berkshire Meeting: Buffett &amp; Munger&#8217;s Takeaways<\/a><\/li>\n<\/ul>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>You\u2019re all caught up!<\/p>\n\n\n\n<p>If you enjoyed today\u2019s newsletter, do share it with your friends and family!<\/p>\n\n\n\n<p>If this email was forwarded to you, consider <a href=\"https:\/\/www.ziet.co\/newsletter\/\" target=\"_blank\" rel=\"noreferrer noopener\">subscribing<\/a> to receive them in future!<\/p>\n\n\n\n<p>And if you have any questions, don\u2019t hesitate to reach out to me by replying to this email. We are also delighted to receive your <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLScknyajsvRgc-Mp4Qiq_Xgd22NZ8s1ltGJf7QIzbMq2JqcryA\/viewform\" target=\"_blank\" rel=\"noreferrer noopener\">feedback<\/a>.<\/p>\n\n\n\n<p>Cheers,<br>Ziet<\/p>\n\n\n<div class=\"shared-counts-wrap shortcode style-buttons\"><a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/www.ziet.co\/v2024\/newsletter\/which-do-you-own-asset-or-liability\/&#038;display=popup&#038;ref=plugin&#038;src=share_button\" title=\"Share on Facebook\"  target=\"_blank\"  rel=\"nofollow noopener noreferrer\"  class=\"shared-counts-button facebook shared-counts-no-count\" data-postid=\"355253\" data-social-network=\"Facebook\" data-social-action=\"Share\" data-social-target=\"https:\/\/www.ziet.co\/v2024\/newsletter\/which-do-you-own-asset-or-liability\/\"><span class=\"shared-counts-icon-label\"><span class=\"shared-counts-icon\"><svg version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"18.8125\" height=\"32\" viewBox=\"0 0 602 1024\"><path d=\"M548 6.857v150.857h-89.714q-49.143 0-66.286 20.571t-17.143 61.714v108h167.429l-22.286 169.143h-145.143v433.714h-174.857v-433.714h-145.714v-169.143h145.714v-124.571q0-106.286 59.429-164.857t158.286-58.571q84 0 130.286 6.857z\"><\/path><\/svg><\/span><span class=\"shared-counts-label\">Facebook<\/span><\/span><\/a><a href=\"https:\/\/twitter.com\/share?url=https:\/\/www.ziet.co\/v2024\/newsletter\/which-do-you-own-asset-or-liability\/&#038;text=%232%20Which%20do%20you%20own%3F%20Asset%20or%20Liability%3F\" title=\"Share on Twitter\"  target=\"_blank\"  rel=\"nofollow noopener noreferrer\"  class=\"shared-counts-button twitter shared-counts-no-count\" data-postid=\"355253\" data-social-network=\"Twitter\" data-social-action=\"Tweet\" data-social-target=\"https:\/\/www.ziet.co\/v2024\/newsletter\/which-do-you-own-asset-or-liability\/\"><span class=\"shared-counts-icon-label\"><span class=\"shared-counts-icon\"><svg viewBox=\"0 0 24 24\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M13.8944 10.4695L21.3345 2H19.5716L13.1085 9.35244L7.95022 2H1.99936L9.80147 13.1192L1.99936 22H3.76218L10.5832 14.2338L16.0318 22H21.9827L13.8944 10.4695ZM11.4792 13.2168L10.6875 12.1089L4.39789 3.30146H7.10594L12.1833 10.412L12.9717 11.5199L19.5708 20.7619H16.8628L11.4792 13.2168Z\" \/><\/svg><\/span><span class=\"shared-counts-label\">Tweet<\/span><\/span><\/a><a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&#038;url=https:\/\/www.ziet.co\/v2024\/newsletter\/which-do-you-own-asset-or-liability\/\" title=\"Share on LinkedIn\"  target=\"_blank\"  rel=\"nofollow noopener noreferrer\"  class=\"shared-counts-button linkedin shared-counts-no-count\" data-postid=\"355253\" data-social-network=\"LinkedIn\" data-social-action=\"Share\" data-social-target=\"https:\/\/www.ziet.co\/v2024\/newsletter\/which-do-you-own-asset-or-liability\/\"><span class=\"shared-counts-icon-label\"><span class=\"shared-counts-icon\"><svg version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27.4375\" height=\"32\" viewBox=\"0 0 878 1024\"><path d=\"M199.429 357.143v566.286h-188.571v-566.286h188.571zM211.429 182.286q0.571 41.714-28.857 69.714t-77.429 28h-1.143q-46.857 0-75.429-28t-28.571-69.714q0-42.286 29.429-70t76.857-27.714 76 27.714 29.143 70zM877.714 598.857v324.571h-188v-302.857q0-60-23.143-94t-72.286-34q-36 0-60.286 19.714t-36.286 48.857q-6.286 17.143-6.286 46.286v316h-188q1.143-228 1.143-369.714t-0.571-169.143l-0.571-27.429h188v82.286h-1.143q11.429-18.286 23.429-32t32.286-29.714 49.714-24.857 65.429-8.857q97.714 0 157.143 64.857t59.429 190z\"><\/path><\/svg><\/span><span class=\"shared-counts-label\">LinkedIn<\/span><\/span><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Timely updates to supercharge your wealth-building journey! TABLE OF CONTENTS \ud83c\udfe1Asset vs. Liability 101 \ud83d\ude97 Believe it or not, the secret to financial success is as simple as understanding the difference between assets and liabilities. Assets provide you with income or capital appreciation. They are like a golden goose, laying precious eggs that fatten your wallet. E.g.: Got a big house with a spare room? Why not rent it out? Once that adorable couple moves in, you&#8217;ll be raking in RM600 every month. Cha-ching! \ud83d\udcb0 Meanwhile, Liabilities steal money out of your pocket \ud83e\udd77. They are the mosquitoes in the evening, sucking your financial blood without you knowing. E.g.: You buy a brand-new luxury car for RM300,000. Its value depreciates and you are stuck with monthly payments (loan + maintenance + insurance etc.). Yikes! You\u2019ve got yourself a liability. \ud83d\udca1Pro-tip: Start by listing down all your current assets and liabilities. Are you shocked by the amount of debt you have? Fear not; awareness is the first step towards change! Tips to Boost Assets &amp; Avoid Liabilities 1. Prioritize paying off high-interest debt: High-interest debt will slowly eat you alive, especially credit cards! Pay off credit card debt while also saving a little for emergencies. 2. Save, save, save: Aim to save at least 10% of your income every month.I started with 10% as well (with a basic salary of RM 3,500), so about RM 400 amonth, not much for sure, but hey, even a little bit goes a long way! 3. Create multiple income streams \ud83d\udcb0 You could have multiple jobs on hand &#8211; white collar worker, a content creator, and a business owner. Hear a bro out &#8211; a side hustle or a part-time gig can be a great way to earn extra cash.Diversify your income like it&#8217;s a wardrobe &#8211; you can never have too many options! I used to do gigs as social media manager, content creator and video editor on top of my day job. At peak I worked 19 hours a day. Lucrative? Yes. Sustainable? No. But it makes me appreciate the hustle and my time when I looked back. 4. Start investing \ud83d\udcc8 Unleash your inner Warren Buffett and look for investment opportunities that offer steady, long-term growth (e.g. stocks, bonds, ETFs). US Stock market (S&amp;P 500 Index) has grown by 9.81% annually on average from 1994 until today, you&#8217;ll be laughing all the way to the bank. \ud83d\ude0e Recall: What can you do? Having said that, not all liabilities are bad. A student loan can unlock higher-paying jobs, while your car loan may be essential to reach your workplace. Just be mindful of the trade-offs! Here\u2019s my previous thoughts on Good Debt vs Bad Debt. Let&#8217;s join Team Asset and start that financial growth today! \u2728 Word of the week: Debt-to-income ratio Definition: This ratio compares your income against your fixed loan repayments such as housing and motor vehicle instalments as well as credit card repayments. You can use the debt to income ratio to find out if you have too much debt, that is to say, you are overextended. Your gross monthly income: RM5,000Your fixed loan repayment: RM1,000Debt to income ratio: RM1,000 \/ RM5,000 = 20% If your income varies from month to month, use your average income in the calculation. Most banking institutions will look into your debt-to-income ratio (more accurately, your Debt Service Ratio) when considering your loan application. The generally acceptable debt to income ratio is up to a maximum of 30%. Key Economic Dates: What I\u2019ve been reading: Here are the top stories that caught my eye: You\u2019re all caught up! If you enjoyed today\u2019s newsletter, do share it with your friends and family! If this email was forwarded to you, consider subscribing to receive them in future! And if you have any questions, don\u2019t hesitate to reach out to me by replying to this email. We are also delighted to receive your feedback. Cheers,Ziet<\/p>\n","protected":false},"author":4,"featured_media":355259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","_links_to":"","_links_to_target":""},"categories":[16],"tags":[],"class_list":["post-355253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.3 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>#2 Which do you own? 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