Released: February 07, 2010

Paying your credit card bill before the mortgage

Source: Michelle Singletary, Washington Post (Free Registration)

My grandmother Big Mama had a key financial rule that I’ve followed throughout my life.

You can manage without a telephone, she would say. You can take the bus and get by without a car. But you can’t live comfortably if you don’t have a roof over your head. Big Mama always made sure she paid her mortgage - and on time.

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