True or False with explanation

a. If a person enjoys high net worth, he may still suffer from financial difficulties, like insolvency.

b. The total debt payments of a person should be limited to one-third of his disposable income.

c. I want to buy a car at $50,000 next year is not a smart goal.

d. Both saving and borrowing are the solutions of the inconsistent between the flow of income and expenditure, enhancing the effectiveness in using our financial resources.

e. Rising property price will not increase the cost of home ownership.