Most Americans will need some type of long-term care in their old age. For those moving to a senior living facility that provides some level of care — from weekly housekeeping to daily assistance or dementia care — selling their home to fund senior living and care may be their best choice.
Personal Finance Articles
Money is a fairly constant concern for all but the most fortunate students, and especially those students who choose to live away from home, either on or off campus. For these students it is often the first time managing the costs and responsibilities associated with living independently.
Being a student who is attending college or any other type of higher education almost always comes with a sharp increase in the amount you are regularly spending. This naturally takes a toll on your finances, particularly if you are unprepared or haven't planned out a budget to ensure that you are living within your means.
Primary Residence Mortgage Rules
Every mortgage application you complete will involve you answering the question of how the property you intend to purchase will be used. The options include primary residence, second home, and investment property. The option you select will play a part in determining the mortgage rates you will get. They also have different requirements that need to be met before the mortgage can be approved.
Raising a deductible is an easy way to lower an insurance premium, moving some of the risk from the insurer to the policy holder. Raising a homeowner's insurance deductible from $500 to $2,000 lowers the average annual premium by 16 percent nationally, with savings ranging from 4 to 40 percent, depending on where you live, according to recent report by insuranceQuotes.com.
The numbers are surprising: The Consumer Protection Financial Bureau in early May reported that about 45 million U.S. adults do not have enough of a credit history to have their own credit scores.
The national unemployment rate was 5.4 percent in April, a far drop from the 10 percent seen in 2009, according to figures from the Bureau of Labor Statistics.
Solar energy has longed seemed to be one of those things that is forever in the realm of "someday." So many homeowners may be surprised to learn that "someday" is now - solar has definitely arrived, and it can save you some big money on your energy bills.