Buying a home, purchasing a car, having a wedding: all the major life events we dreamed of as children are now becoming real considerations — if not realities — as we get older. However, for most of us, these events often come with a high price tag and a likelihood of needing personal loans.
That’s why it’s so important to always be in tune with your finances. According to financial expert Priya Malani, this includes knowing your debt-to-income ratio or DTI. It’s a small acronym with a huge impact on your financial health. We partnered with Intuit Turbo for a brief overview on calculating your DTI and how it can affect your finances, above.