How to prioritize which bills to pay
If you’re in a tough spot and can’t pay all of your bills, then you need to make a strategic decision on what to pay and what to delay.
Daily Finance gives advice on what “five bills you should always pay on time, each month. Not doing so could damage your credit, leave you with huge financial penalties, or even cause you to lose your home or car.”
1. Your mortgage
2. Student loans
3. Credit card payments
4. Your rent
5. Auto loans
Details on each of these bills to pay and the reasons why you shouldn’t miss payment is covered by Daily Finance. And the bills you need to pay late? They have some tips on dealing with that, too.
Read all of Daily Finance’s article here: “Prioritize These 5 Bills When You’re Short on Cash”.