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Posted AT 6:00 AM EDT on 29/04/08

Inflation's rising, so pay down debt now

Globe and Mail Update

The most important financial move you can make in the next six months is to get your debts under control. Pay off your credit cards, pay down your line of credit, and if you're buying a home, don't max out on your mortgage payments. Tough times are coming and the people who get through them in the best shape will be the ones who aren't siphoning a lot of their household income to pay off debt.

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