Essential Bills to Pay Immediately and Those You Can Delay to Prevent Financial Disaster

Prioritize Bills: When facing financial difficulties, prioritize essential bills such as housing payments to avoid severe consequences like eviction or loan default.

Communicate with Lenders: Contact landlords or lenders immediately if you encounter financial issues; they may offer temporary solutions like partial payments or payment plans.

Utility Payments: After housing, pay utility bills next to prevent service disconnection; utility companies often provide options for payment extensions or assistance programs.

Insurance Importance: Pay insurance premiums promptly as they serve as a critical financial buffer; many insurers provide grace periods before canceling coverage.