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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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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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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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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