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More debt? Braces?
I recently graduated from college. I am planning on going to graduate school in a couple of years.
However, I am facing a problem. My teeth are horrible - extremely crooked. My parents could never afford orthodontic treatment, which is understandable. However, I am left with low self esteem among other issues (including weird digestive problems). It would be nice to correct this in the next two years, so I can focus on education (not worring about how horrific my teeth are).
Currently, I have a decent job (income is reasonable). My debt-to-income ratio is about 40%, which is slightly high. However, this is the first time I can afford braces. So I found a plan where I could pay them off in two years, and it would bring my debt-to-income ratio up substantially (it would be nearly 65%). I am used to living rather conservatively, so I think I could survive on the remainder money. It seems like it may help in the long run - for example, with job hunting. Also, it feels like now may be a better time to take care of the problem - I do not want braces when I am working post-doc. I am pretty scared of taking on more debt however.
Does anyone have any insight? I appreciate any advice/comments.
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