I want to honour my mother's gift. If I have debt, what's the best way not to waste it?

1 month ago 7

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Clearing debt may not feel as memorable as a trip or meaningful purchase, but it can make everyday life easier.

Q: My mother passed away in the spring and I am about to receive a small inheritance of close to $18,000. I have never had that much money all at once. I also have about $12,000 in credit card and line of credit debt . I don’t want to waste this gift, but I am not sure whether to pay off debt, save it or do a bit o...

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