July 2009 Accounting Newsletter

1. IS A REVERSE MORTGAGE RIGHT FOR YOU?
A reverse mortgage has become a popular option for seniors
who would like to reap some of the benefits of the equity
they have accumulated in their homes. However, it’s
important to be aware of both the advantages and drawbacks
of this type of loan.
http://www.moneymattersnj.com/story.cfm?sid=14003

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2. AVOID INVESTMENT SCAMS
There are many con artists out there trying to take
advantage of people eager to offset their market losses in
the current economy. Here are some tips on how to avoid
being scammed.
http://www.moneymattersnj.com/story.cfm?SID=14005

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3. CHOOSING AN ELDERCARE FACILITY
As people grow older, many choose to continue living on
their own or move in with family. However, some prefer to
reside with people closer to their own age or need to live
in a facility that can cater to their changing medical
needs. What should you keep in mind if you must choose an
eldercare facility for yourself or a loved one?
http://www.moneymattersnj.com/story.cfm?sid=14006

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4. FIVE TIPS FOR SHOPPING AT LIQUIDATION SALES
One of the unfortunate consequences of a bad economy is a
stream of liquidation sales, where retailers slash prices to
unload merchandise before going out of business. Consumers
can find some great bargains at these sales, but there are
pitfalls to avoid in order to get a good deal.
http://www.moneymattersnj.com/story.cfm?sid=14007