12/10/2025
🚗💰🏡 Car vs. House
Even if you think you can afford to finance a car and buy a property… 🛑 talk to a professional first.
Wealth building isn’t just about how much you make — it’s about how you strategically manage debt.
If you reverse the purchase order, there’s a much greater chance you’ll be able to secure both the car and the home.
📊 Mortgages take into account:
✅ Total Debt Service Ratio (TDSR)
✅ The Mortgage Stress Test
💡 Wealth tip: Control your TDSR early so you have maximum leverage when you need it most.
👉 Don’t be a dummy — talk to a professional before you lock yourself into car payments that could kill your borrowing power.