👉 The Mortgagedoctor's rule? This phrase is not meant to be used in a serious context. It comes from a popular joke about the financial world, where "mortgage" is used as a metaphor for debt.
Let's take this one step further: The Mortgagedoctor's Rule of Thumb? In a society full of financial uncertainty and risk aversion, this phrase has been adopted by some to describe a rule that suggests it's better to buy more than you can afford (to the extent that mortgage payments are covered), rather than pay down debt. Example sentence: "You're not just mortgaging your future; you're putting off getting married." This is an edgy way of saying something that many people take for granted, like having a stable job and savings, or living in a house with kids. It's an expression of how our financial futures are often not as secure as we think they should be.
