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Web Extra: Use Inheritance to Pay Off Mortgage? No Way!

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Published: Tuesday, 26 Aug 2008 | 9:17 PM ET
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Web Producer

OTM Web Extra
CNBC's Carmen Wong Ulrich helps viewers manage their personal finances in this On the Money Web Extra.

Jeff in New York is coming into an inheritance and wants to know if he should use it to pay off his mortgage or put it into a savings account. Watch the video to see what Carmen thinks.

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