[Shaara]

How do you pick which bills to pay down first? I have several that are very high and I would like to bring down the total amount that I owe, but I'm not sure what I should pay off first.

[donna]

For me I look at what type of bills they are, are they medical, ER needed (power, heat, water, etc.) or other? It might help to better understand where you are coming from - what types of bills are you needing to deal with?

[scourpad]

I pay the most important ones first, those are normally for things I prefer not to do without such a power, water and maybe telephone services. I also give attention to high interest credit cards.

[khoshlen]

Maybe you could look at what are the most important items in terms of payment deadlines, and also how valuable they are to you. I always try to get my utility bills paid on time, because I cannot bear the thought of not having any water or electricity. Once these are taken care of I will then look at the next most important item to pay back.

[BeesWax]

For me I pay house, car, insurance and phone first and then whatever else is left gets paid last. No matter how strapped for cash I am, I always pay the house payment first.

[craftykris]

What types of bills are you talking about? Of course you want to pay the main bills first (house, car, electric, phone). If you are talking about a lot of high credit cards, then I advise you to pay the one with the highest interest rate first.

[homemaker]

House payment is always first because the rest of the bills don't matter if you don't have a place to stay. Electricity, water , and gas are next and then we go from there.

[Justin]

All of my bills are important to me. I always allocate money for the bills every time I receive my salary. If there is an extra money from my allocation, I would save that for the next bills to come.