There is a lot of gloom and doom doing the rounds in the country these days. Not a day goes by before I hear someone somewhere is losing a job. One company or the other is going bankrupt and looking at the stock market can give one vertigo. The question remains, is there a way [...]
It’s tough out there. Really tough. The economy is not getting any better and it seems everyone is worried about being laid off. As luck would have it, we are now in the holiday shopping season. It is obvious that using credit cards may not be the wisest thing to do during these tough economic [...]
What are the Disadvantages of a Reverse Mortgage? High Fees Reverse mortgage fees can be high, although the fees are often rolled into the loan and not paid up front. A reverse mortgage can cost thousands more than a conventional mortgage. One has to decide whether the benefits of the reverse mortgage outweigh the costs. [...]
It is not getting any easier for seniors these days. The cost of living and the high cost of health care are making it very difficult for most to live a comfortable life. The high cost of living has become so bad that some are even contemplating continuing to work, if they haven’t retired yet. [...]