Financial advisors suggest paying off high-interest debt like credit cards first, since many of them carry a rate above 25%, which can make it feel nearly impossible to pay off. It can be easier to budget around other debt like student loans and car payments, Elizabeth Schleifer, a financial advisor with Armstrong, Fleming & Moore, told Fortune, adding a good rule of thumb is that total monthly debt payments should be less than 36% of gross monthly income.
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"Now that we have these types of risks, with the leaders at companies, with CEOs, being deepfaked, I think company executives will be spending more time with their chief information security officers and teams than before. And that is a good thing."
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