It's a question I hear a lot. Briefly, I just want to share with you a simple way to calculate just how much.
It's called the DIME method: Debt, Income, Mortgage, Education!!!
Debt--- total current debts, ( excluding mortgage) and including final expenses
Income -- current income x number of years your family needs support
Mortgage-- Total owed
Education--- costs of secondary and College Education
There!!! That wasn't so hard!
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