Helpful Tips, Household Finances, Video Tips
Pay or Save? Which Household Bills Should You Pay First?
July 8, 2010 by James K Barath, CMPS · Leave a Comment
Morning television can be “light”, but as far as personal finance interviews go, this Suze Orman segment from The Today Show is loaded with practical financial planning advice.
Titled “What Should You Do First?”, Ms. Orman addressed the real-life, money management conundrums households face, such as:
- Should you pay off credit card bills, or create an emergency cash fund?
- Should you pay off student loan debt, or pay off credit card bills?
- Should you save for a child’s college tuition, or save for my retirement?
A half-dozen scenarios like the ones above are included, explaining what to do, and why to do it.
Ms. Orman’s style may not interest you and financial advice is rarely universal, but the piece is worth watching.
Want to discuss other scenarios relevant to your household? Contact me today to review your options.
About the Author: James K Barath is a Certified Mortgage Planning Specialist, qualified liability advisor and your FHA Home Loan Expert. He is also a graduate of Purdue University, The CMPS Institute, Dale Carnegie Human Relations Course & Napoleon Hill Foundation's PMA Science of Success Class. It's your home and your future. It's his profession and his passion. He is ready to work for your best interest. Contact James Barath today for your Borrow Smart Analysis - the CALM Approach to Borrowing ! His Motto: I Facilitate the American Dream Through Responsible Mortgage Lending and Financial Literacy! 