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What are the top priorities if I have to decide which bills I’m going to pay this month?

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What are the top priorities if I have to decide which bills I’m going to pay this month?

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If you cannot pay all of your debt as you have agreed, you need to decide who you are going to pay and who you are going to defer. Only you can decide which of your debts is more important to you than another. On average though, most people prioritize debt importance in this order: family needs (groceries, medical), housing (rent, mortgage) and utilities (water, electric). If you are in such a situation and need help prioritizing your debts, you should seek debt counseling as soon as possible.

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