Sentences with phrase «debts take priority»

Not exact matches

Take your financial life to the next level through actions like seeking new income sources, making debts your priority and separating friendship from business.

The first priority is to keep a downward debt - deflation spiral from taking hold; once that scenario is less of a risk, reining in government finances can be considered.

Tax code changes and rising interest rates may mean debts like home equity lines of credit should take higher repayment priority.

The actions to date strongly suggest that new initiatives take priority over debt reduction.

As a general rule, your long — term investment plan should take priority over applying extra amounts toward debt.

For instance, do you have any other debt that should take priority, such as a tax delinquency, legal judgment, or accounts that have been turned over to a collections agency?

Even if you choose to file for bankruptcy, any tax debt owed to the IRS takes priority over other debts you may owe.

High interest debts should also take priority.

If paying down debt is your priority, that means you take care of it before you take care of other expenses.

Paying off credit card debt and building emergency savings can take months or even years, and investing enough for retirement will take decades... but should still be top priority.

After the first account is paid off, they will take the same exact payment they've been making on that first debt, add it to the minimum payment due on the second (new priority) debt, and send that amount in monthly until the second account is paid in full.

Then take that entire amount and add it to the minimum payment due on the third debt, which has become the new priority debt, and so on... eradicating each account one by one until they're all paid off entirely.

Paying off 20 % credit card debt should be a top priority for most consumers but after that is taking care of consider applying your tax refund to a safety net.

High - interest debt repayment takes priority over other financial considerations because it's essentially impossible to get investment returns that can overcome the corrosive effect of high interest debt.

Some debts should take priority in being paid off over others.

If you have borrowed money on a high interest rate, make paying off that debt your first priority, before taking on other goals.

A mortgage is another debt that needs to take top priority, as losing your house can impact on your ability to pay all your other debts and also make it difficult for you to find accommodation elsewhere.

Many recent grads will make excuses to not save, for example; commitments to paying off student loans or other consumer debt taking higher priority, OR a desire for spending money on entertainment and lifestyle as opposed to prioritizing the future.

Many of the debts that involve debt collectors making harassing phone calls are actually low priority debts that should be paid when the above expenses have been taken care of.

That is, if you're heavy with bad debt — the kind that only takes away and doesn't give anything back — then make it your priority to reduce it as much as you are able.

There are a few steps you should take to make debt reduction a priority in your budget.

how much you realistically have available to pay to your creditors each month after living costs and priority debts have been taken into account

But, given the host of competing problems — a deep economic recession, the urgent need for health care reform, geopolitical instabilities in the Middle East and elsewhere, soaring federal debt, and so on — selling the electorate on a set of fundamental changes in the way we consume and produce energy in the short run — and congressional appropriators on making the large investments needed to bring these changes about in the long run — will be a tough task, even for Barack Obama and his newly appointed team of highly competent advisers, and a Congress that has given every indication that it will take up and give priority to climate legislation.

Life Stage Based — Non-Life Stage Based: As the name suggests, life stage based ULIPs take into account one's priorities at different stages in life and accordingly distribute the money across equity and debt.

Planners say it's important to take a balanced approach to financial priorities, with attention to saving in case of job loss, paying off consumer debt and taking advantage of retirement savings options.