Tag: #debt repayment

Debt Calculator: How Much the Snowball Method Will Cost You

Debt Calculator: How Much the Snowball Method Will Cost You

The Debt Snowball repayment method will always cost you the same or more interest than the Debt Avalanche method if you have more than one debt and they have different interest rates.  The debt repayment calculator in this post will tell you how much extra 

A Reverse Mortgage for Retirement Planning

A Reverse Mortgage for Retirement Planning

A reverse mortgage can be a valuable financial management tool for seniors and their families.  However, if misunderstood or misused, borrowers and their heirs can encounter any one of a number of different challenges. In this post, I’ll define “reverse mortgage” and provide illustrations of