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 interestA charge for borrowing money, most often based on a percentage of the amount owed. More than the Debt Avalanche method if you have more than one debt and they have different 

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