Can A Reverse Mortgage Help Finance Retirement?

Posted by Richard on November 8, 2022

Yes. If you want to stay in your home and you need cash to pay ordinary living expenses, a Home Equity Conversion Mortgage (HECM) could be a good option. The average retired person has a lot of money invested in their home. In fact, home equity represents about 66 percent of the average retired American’s […]

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What To Do When A Relative Asks For Money

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Someone you love needs money and they are asking you. Don’t reach into your wallet before you take a moment to think. * Consider the problem. Money isn’t the solution if the problem is that the relative spends too much, saves nothing, or doesn’t work. Your money only puts off the consequences for bad decisions. […]

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Take Advantage Of The Holiday Mood In November Real Estate

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At this time of year, everyone else is going over the river and through the woods to grandmother’s house, but a brave few are headed into the real estate market. Is that a smart move? Depends on how you look at it. There is no doubt that the real estate market slows down at the […]

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Fix It Or Junk It? What To Do With The Old Car

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If your car is paid for (or almost paid for) and the repairs don’t cost much, it’s probably a good idea to keep it. The key to keeping a car running for 200,000 miles is in the care and maintenance you give it. Change the oil regularly, rotate the tires and don’t let small problems […]

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What Do The Fed Rate Increases Mean For Mortgages?

Posted by Richard on September 8, 2022

Mortgage rates have been up and down following the rate increases by the Federal Reserve, beginning with the one in March this year. Federal Reserve rate increases are aimed at controlling inflation, and while they have affected mortgage rates, the Fed actions and mortgage rates haven’t shadowed each other. Mortgage rates had a soft response […]

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How To Store Your Emergency Funds

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Building up an emergency fund is one of the smartest steps you can take to ensure your financial and overall well-being. Emergency funds are liquid funds that you can tap into when the times get tough. Maybe you need to pay for an expensive automotive repair, or perhaps the fridge dies. If you suddenly have […]

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Credit 101: Debit Cards Don’t Build Your Credit Score

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You use debit cards and credit cards in the same way: A swipe or wave in a card reader or type in your number online. But the two are very different, and only credit cards help build your credit score and are listed on your credit report. Activity on a debit card isn’t reported to […]

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Making Sense Of The Oodles Of Payment Apps

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Payment apps. So, so many payment apps. You’ve got Venmo, Zelle, Cashapp, Apple Pay, Google Pay and more. Try to divvy up the bill with your friends at a restaurant and you may find yourself dealing with multiple payment apps. Ultimately, these apps offer a lot of conveniences, but some of the nuances can be […]

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Selecting The Right Configuration To Future-Proof Your Laptop

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Selecting the right computer can be a difficult task. Not only are there dozens of different models, but often, each model comes in several different variations. No matter what laptop you buy, you’re likely spending hundreds of dollars, so you’ll want a computer that will last for years to come. Wondering how to future-proof your […]

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Before Amazon, Sears Disrupted Retail

Posted by Richard on August 17, 2022

Back in May, Sears announced that it was closing roughly 100 stores, cutting the company’s footprint in half. Even those stores that survived the downsizing are likely living on borrowed time, and someday soon, Sears may fade into history. It’s hard to remember these days, but Sears revolutionized the retail industry and once ranked among […]

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