Do You Have Your Financial Priorities Straight?
Everyone has their own set of financial priorities, but there are a few we all share. The order in which you tackle them is a matter of personal preference, but some approaches are better than others.
Here's how I recommend tackling some of the most universal financial priorities people have today.
This seems pretty obvious, but covering your basic living expenses like food, shelter, utilities, and transportation should be your first priority. Failing to put your money here first could cause you to run up debt or go without vital items and services you need to live a comfortable and secure life.
Source Fool.com