A reverse mortgage is a loan facility, which is available to homeowners who are 62 years or above in age. This kind of loan enables them to transform a part of their home equity into cash. The facility was developed with the objective to help cash-strapped retirees who have restricted income to use the accumulated money in their homes. This can then be used to take care of their monthly living expenditure as well as pay for healthcare. However, there is no limitation as to how one can use the reverse mortgage proceed: 1. Traditional vs. reverse mortgage In case of a traditional mortgage, the borrower pays money to a lender on a monthly basis. However, in the case of a reverse mortgage, the lender pays money to the borrower. The loan is so-called because it works the other way round. In case of such a mortgage, it is not mandatory for the borrower to repay the loan until he/she does not vacate or sell the house. Until the borrower continues to reside in the home, they need not pay any monthly amount for the loan balance. Instead, the complete loan balance amount becomes payable and due if the borrower sells the house, relocates permanently, or passes away.

The liquidity of an asset denotes how quickly you can turn it into cash. It may sound complicated but is quite easy, and these assets are especially useful for people who want to get a mortgage and eventually own their own home. The liquidity of an asset depends on how fast you can move it from an account into hard cash. Just as a liquid moves freely and without any difficulty, liquid assets like an investment portfolio can be converted into hard cash easily. These types of liquid assets are crucial components of your financial profile and have multiple benefits: 1. What is a liquid asset? Liquid assets are those that can be easily converted into cash, and these types include the following: Certain investments Cash Savings accounts and checking accounts 2. Net worth Your net worth is determined by the assets you hold, liquid or otherwise, minus your liabilities and debt. While your net worth may be high, your liquid assets will need to be determined so that you can gauge how much cash you would have on hand if you find yourself in a tough spot. It is also important to know the types of assets that are not liquid as they generally take time to liquidate and often lose value in the process as well.

A wireless printer is easy to install in any home or office and is quite ideal if you need to print from smartphones or tablets. All you need is a power socket and a Wi-Fi network. There is no need to have cables attached from the PC to the printer. The printer does not even to be in the same room as the PC. Some of the best choices for buying a wireless printer have been listed as follows: 1. Brother MFC-J5330DW This is a high capacity inkjet with Wi-Fi and A3 skills. This feature-packed inkjet can do anything from sending faxes to saving a scan to the cloud. It prints clearly in monochrome. It has an A4 size scanner and built-in Wi-Fi. It strikes a good balance between performance and features and makes wireless printing a breeze. 2. HP LaserJet Pro MFP M227fdw This multifunctional device provides a crisp print quality. It also has both Wi-Fi and NFC connectivity built-in. It makes mobile printing through HP’s mobile app very easy and is an attractive blend of features and performance. 3. Canon PIXMA TS8050 This canon printer has many features and is a delightfully compact one. It has no fax facility but is well connected with Ethernet, USB, and SD card ports.

Video games can be fun and give children a big adrenaline rush. Gaming for children involves wins, losses, and competitions, which can enhance their self-confidence. Video games are a source of entertainment and distraction. However, there is a fine line between when it can be a healthy distraction and when it can turn to addiction. A child needs to have a balance between overall screen use and other activities that are essential for healthy and good development. It is the responsibility of parents to develop healthy gaming habits by choosing good games and deciding when and how long to play. If possible, parents should play games with their children. This could make gaming for children fun as well as enable parents to build a great bond with them. 1. Boundaries Setting ground rules and reasonable boundaries go a long way in allowing the child to do something that they like. Here’s how to ensure healthy video gaming for children: Pick games that are authorized for children only. Ensure that an adult is around to help understand the game or solve problems. Allow the child to play during certain times of the day like after schoolwork, before dinnertime or on weekends only.

As the fashion industry evolves every day, you should adopt a style that defines comfort. Fashion should give you distinct looks and a unique personality that embraces sophistication. Dresses are among the top essentials that you should have in your wardrobe. They come in different styles appropriate for different events. Therefore, it’s important to figure out the right dress that suits your figure and the wide range of occasions you will be attending. Fashion gowns should be fitting and classical. Work events, dates, parties, brunch, and weddings require different types of dresses. Here are the flattering options that are suitable for women of all ages: 1. Wrap dress The wrap dress has a front closure. It’s made complete by wrapping one side over the other and tying at the side of the waist. This dress defines the waist and creates the hourglass curves that many bodies lack naturally. Wrap dresses also create a v-neckline, which further accentuates the waist and a flare skirt that slims the thighs. Wrap dresses have a timeless design suitable for all ages, and you can wear them any time and dress them up or down for any occasion. 2. Little black dress The little black dress dates back to the Coco Chanel designs of the 1920s.