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learner12
Joined: 18 Nov 2006 Posts: 730
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Posted: Thu Jan 24, 2008 11:38 pm Post subject: stretch yourself |
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Hello, teachers!!
In the first paragraph of the below address, you can read the following sentences.
I cannot understand "stretch yourself," but I know the word "stretch." However, if I put the meaning of stretch into the sentence, I am not sure. In my opinion and the context, I think that "stretch yourself" means "increase your budget."
Could you explain it to me?
Thank you in advance.
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http://www.bankrate.com/brm/news/mtg/20020228a.asp
Lenders and real estate agents often will tell you to stretch yourself when you buy a house. "Buy all the house you can afford!" they'll say. "Borrow to the limit!"
It's bad advice, and you should ignore it, financial experts say. |
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pugachevV
Joined: 16 Jan 2003 Posts: 2295
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Posted: Fri Jan 25, 2008 7:56 am Post subject: |
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It means borrow all the money you can and buy the most expensive house you can with the borrowed money.
As it says - it is bad advice. |
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learner12
Joined: 18 Nov 2006 Posts: 730
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Posted: Fri Jan 25, 2008 7:56 pm Post subject: |
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Dear pugachevV:
Thank you so much for your great explanations.
Don't make yourself house poor, do you?
Take care and have a nice day!! |
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