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RE: RE: 5 Personal Finance Lessons That Changed My Life
25
@magnacarta
··
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1 min read
There are debts which take higher priority than those with large amounts. This is how I handled mine in the past:
| Failure to pay... | leads to... |
|---|---|
| taxes | jail |
| rent | homelessness |
| big-ticket merchandise | reposession |
| the rest | bad credit |
Even this can vary from person to person, but within a category of debt, pay down the largest first.
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