Investors Daily

Your mortgage should be your number one priority to pay, before any other debts. Try to protect your mortgage - your home - as well as you can. If you find yourself short this month, you may have to skip some payments, but don't skip the mortgage if at all possible. If you loose your home, you will find yourself in a whole lot more hurt than if you miss a couple payments on credit cards for example. If you can't make the mortgage payments, get in touch with your lender immediately, and see if you can work something out. Most companies are more than willing to work with you. It is in their best interest to do so as a foreclosure ends up costing them a lot of money too.