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<p>[QUOTE=&quot;rodeoclown, post: 1325431, member: 34005&quot;]Well said. It&#039;s the whole, eyes bigger than stomach mentality. This is the same reason here in the U.S. our housing market is in utter shambles (we can all blame the people buying and the banks lending equally), because people were told they were approved for something they didn&#039;t necessarily need and took the plunge trusting the finance bank giving them the loan. When I was buying my last house, I was told up front with my credit I was approved up to 500k for a house, I was like, why do I need a 500k house and spend 2/3&#039;s of my paycheck monthly to pay the mortgage? I settled for a nice decent house under 200k.</p><p><br /></p><p>Same goes for investments, if you are in debt, take care of that first. Get your priorities straightened out first, then invest if you have the money and other savings to live off of if some life changing event happens. Don&#039;t go spending all of your available extra income on investments where you can lose either.</p><p><br /></p><p>That&#039;s my two cents.[/QUOTE]</p><p><br /></p>

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