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Is a Reverse Mortgage Right for You?

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nestegg_house.jpgJuly 2008

Have you seen one of the many ads for reverse mortgages on the television or received them in the mail? Many such ads paint reverse mortgages as ideal sources of income for any homeowner who’s 62 or older. In actuality, reverse mortgages are not for everyone. Your age, circumstances, and estate plans can make a big difference in whether a reverse mortgage or another type of loan may be best. Plus, reverse mortgages are complicated and not easy to understand. This month's report looks at the basics of reverse mortgages and outlines some steps that may help you determine if one is right for you.

 

July 2008

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FTC Warns Against Sweepstakes Scammers Posing as Government Officials

Read about a new twist on an old scam.

 

June 2008

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Money Tips for All Ages from the FDCI provides tips for your finances at different stages of life — teens, newlyweds, midlife, parents, and more.

Spend less on everything

These money saving tips from Consumer Reports can help you find ways to cut costs in many areas.

   

Getting the Most for Your Vacation and Travel Dollars

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winding_road.jpg

June 2008

These days, every fill-up of the family vehicle brings new sticker shock. The soft economy along with rising fuel prices have many people rethinking their summer travel and vacation plans. Before you decide simply to skip this year’s vacation, consider all the ways you can save money and still enjoy getting away. This month's report discusses ways to get the most for your travel dollars.

 

Getting the Longest Service Out of Your Vehicle Saves $$$

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washing_car.jpgMay 2008

Many people are keeping their cars longer. According to a recent report by the research company R. L. Polk & Co., the median age of operational passenger cars in 2007 was 9.2 years. Take good care of your car or truck and it will give you many years of service. Extra service years can save you money long-term. In the current economic climate, all of us are looking for ways to trim our spending. Here's how to stretch the good life for your wheels.

   

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