Start Understanding Your Mortgage in Fewer Than 10 Minutes

By Lynn S. Evans via

Obviously no one can predict when a life event will occur: divorce, death of a spouse, forced retirement, or job loss. But being prepared financially for whatever happens can be one less trauma to deal with at a difficult time.

Women are traditionally kept out of most conversations and transactions relative to money until they have to be. And often those transactions and conversations require a translator so women can understand what is going on. And if this happens at a time with tons of stress involved, it’s a recipe for disaster.

Learning about money is not difficult. It’s only difficult if you think you will master it in five easy lessons. The probability of that happening is slim.

Take some time when you are not stressed to find out how you can take some baby steps to increase your understanding of the language and how to put it into practice in your daily life.

A Mortgage As An Example

For instance, most people who own a home have a mortgage. The mortgage documentation can be totally intimidating to anyone, let alone someone who was asked just to sign on the dotted line.

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