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Tag Archives: cutting-back

Should I Wait For Grandma to Die So I Can Pay My Debt? – Jack

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“Dear Steve, I have credit card debt of $95000, 2nd mortgage of $40000, 1st mortgage of $140000. My house is worth perhaps $300000. I make $115000 annually plus bonus in good years of 15%. This wasn’t a good year, so there was none. My stock options are now under water (worth zero). I’m using my IRA to fund my daughter’s ... Read More »

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