asked 132k views
5 votes
You can't save any money because you need every dime just to pay your mortgage and bills. What answer describes your situation? a. Upside down in your mortgage? B. Poverty. C. Foreclosure. D. House Poor.

asked
User Letroll
by
8.8k points

1 Answer

1 vote
I believe the correct answer from the choices listed above is option D. You can't save any money because you need every dime just to pay your mortgage and bills. YOur situation could be called as House Poor. It is a situation that describes a person who spends a large proportion of his or her total income on home ownership, including mortgage payments, property taxes, maintenance and utilities.
answered
User Shivakrishna
by
8.4k points
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