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Tag: consumer debt

Managing Mortgage Debt vs Consumer Debt: What You Need to Know

Navigating mortgage and consumer debt requires strategic focus. Prioritize high-interest consumer debt first, as it can quickly spiral. Meanwhile, manage mortgage payments to build equity and safeguard your financial future.

Managing mortgage debt alongside consumer debt

Effectively managing mortgage debt alongside consumer debt requires prioritizing payments, consolidating where possible, and creating a realistic budget. Focus on high-interest debts first and regularly review your financial plan to stay on track.