If you’re thinking of using your home equity during retirement, you may be thinking of getting either a reverse mortgage or reverse mortgage line of credit. There are key differences between the two that you need to consider.
Using a home equity loan to pay off high-interest credit card debt may be a good move, but if major expenses come up and your home equity is tapped out, you'll need to explore other options.
You refused your son's request to borrow money for his own good, but he went to your ex-wife, who immediately coughed up the funds. If this is a recurring pattern in your family, there are some steps you can take to improve the situation..
Cancelling a wedding is bad enough, but it's even more complicated if there's an expensive ring involved. Do you have any legal right to demand the ring back from your ex, or is it now hers to keep?
More and more adults are supporting aging parents—emotionally, physically, and financially. Caring for loved ones is seen as a moral duty, but careful planning is needed to avoid underminnig your own retirement dreams.
If you've ever winced while looking at your cable bill, there's a better way to go. Canceling cable in favor of internet streaming can save you a pile of money without sacrificing your entertainment.
If your friend has just added a new credit card to an already staggering $100K in debt, it’s a clear sign that his financial situation is spiraling out of control. Let's see what he can do to turn things around.
If your friend has just added a new credit card to an already staggering $100K in debt, it’s a clear sign that his financial situation is spiraling out of control. Let's see what he can do to turn things around.
Your credit score is one of the most important numbers in your financial life, and understanding what most affects it can help you make better financial decisions.
