Thinking about a reverse mortgage? Here’s why you should.

Ah, retirement. The time when you can start scaling down and taking things easy. But, as we all know, it’s hard to take things easy if there isn’t enough money to do it with. So how to supplement your retirement income? A reverse home loan, also known as a retirement home loan, is a loan that is designed for the exclusive benefit of senior homeowners, and can play a huge role in creating financial stability during your retirement. You may also wish to consider an individual retirement account (IRA), with more details and information available here https://www.sofi.com/learn/content/ira-vs-401k-which-is-best-for-you/.

It’s based on what your home is worth

When you apply for a reverse home loan, a large part of the process will involve the calculation of your home’s overall value. Your lender will make use of a reverse home loan calculator to assess you situation, based on information about your home’s age, location, condition and more, as well as your own financial position as the homeowner.

A reverse mortgage calculator will also assist you in navigating government regulations and guidelines about this kind of loan. Because you are legally not permitted to take the full value of your house in the form of a loan, the calculation tool will resolve what percentage you may borrow.

It’s a long relationship with your lender

The way a reverse mortgage works is it’s basically a home loan that doesn’t have to be paid back on a monthly basis but instead you’re getting paid by the lender in a “reverse” way, which is one of the most appealing aspect of it. The point is to supplement your finances during retirement, and putting you straight back into a debt trap would defeat the object of the exercise. The loan will remain valid for a long as you live in the home permanently and as your primary residence. If you choose to move out, the outstanding balance of the loan will be due.

How to access your loan funds

When you apply for the loan, you will also have to decide how you would like to receive the money. Your options are to take one large lump sum payment as a once-off, or as a line of credit, which means that you will be able to access the money as you need it, in flexible amounts. Yet another option is to take monthly payments, which is by far the most popular option, as it gives the receiver some form of predictability around their monthly budget.

How do I know if my property qualifies?

There are a few regulations that you will have to comply with when you apply for a reverse mortgage. Firstly, your property also has to be your permanent and primary home, which is to say that you cannot let out the property while having a reverse home loan on it. You will similarly not be able to bond a reverse home loan to a holiday property, or any property where you do not live permanently.

Please also bear in mind that your loan will also factor in aspects like whether or not you still have an existing balance on your current home loan, as that amount will be settled using your newly-granted reverse home loan, before you will be able to access the balance of the funds.

Play Dough Ghost Ornaments

This easy Halloween craft is perfect for anyone who wants to add a little boo to the holiday without having to spend any cash! You already have the ingredients to make the Play Dough Ghost Ornaments in your pantry! 

With the kids being at home this year, it feels like old times, we have time to craft in the afternoons again, and I LOVE it! With Halloween coming up, we decided to add a little boo to our decor with this easy homemade play doh ghost ornament craft. This is such an easy craft to make! It is perfect for all ages, from kids to adults.  You can make about a dozen of these (or more depending on your cookie cutter size) from a batch of dough.

Ingredients:

1 cup water

1 cup salt

2 cup flour

Directions:

Mix dry ingredients in a bowl.

Slowly add water, a few spoons at a time, until dough is smooth.

You will know you haven't added to much water if your dough is easy to handle and isn't sticking to your hands messily.

Knead by hand for 5 minutes and let rest for 10 minutes.

Roll out the dough until it is about 1/2 an inch thck.

I used a cookie cutter to cut the shape of ghosts.

Next, poke a hole thru the top of the ghost so you can hang it up.

I used a BBQ skewer.

After cutting my shapes, I used a black crayola marker to make the face of the ghost, on the raw dough.

Place  the dough on a cookie sheet and place it in a cold oven, turning up the temp to 200 degrees. Allow your ornaments to bake for about 90 minutes. Check them frequently to make sure they are not browning (if they are pull them out.)

Allow the ornaments to cool then feed a section of bakers twine or a string into the hole and hang.

Add a variety of faces to your ornaments for a boo-tiful variety of economical and adorable DIY Halloween decorations.

You can find all of my Halloween crafts here.

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Pumpkin Window Clings

Paper Plate Spiders

Apple Tree Addition Activity

This apple tree addition activity is perfect for kindergarten and first grade students. It gives them a hands on chance to practice their skills and work hands on play into their lessons. This is an all around engaging way to teach addition to kids.

This semester both of my kids are attending virtual school. They have a great curriculum that they follow, and the kids seem to be ok with the change in how we learn.  But, I like to make sure they are learning offline too. This apple tree math activity is perfect for little kids who are just grasping math concepts. Plus it is easy to set up and it is a lot of fun to work with. 

Using play doh is a great way to make this more than a math activity. Play doh is great for sensory play as wee all know. Adding it to math? Thats an equation for fun learning! Adding pony beads gives the activity a fine motor element, so I guess this math lesson has a lot of layers to it!

Supplies:

Green and Brown Play Doh

Pony Beads

Small wooden letters or stamps

Directions:

Encourage your child to roll out a tree trunk with brown play doh.

Instruct your child to flatten out a can of green play doh for the leaves of the tree.

Select two numbers and stamp them into the leaves. Add a +  between them.

Offer your child a few pont beads.

Encourage your child to count out enough for the first number and press them into the doh.

Instruct your child to count out enough beads for the second number and press them into the doh.

Ask your child to count all of the beads to get the sum.

Remover the beads. 

Remover the "leaves"

Smash the green doh into a fresh pile of doh.

Repeat with more numbers.

If you liked this easy math lesson idea you might like these reader favorites:

Fine Motor Counting activity

Play Doh Pumpkin Faces

Play Doh Snakes

Looking for a simple way to engage the kids with supplies you probably already have on hand? This easy play doh snakes idea is the way to go. Kids of all ages will love this sensory play idea that combines fine motor work and creativity for an all around fun time!

Now that my kids are enrolled in virtual school for the semester, I have been finding ways to keep them engaged. They finish their work early in the day and have a few hours to fill in the afternoon. I bought a bunch of blank books, small canvases, coloring books, wooden plaques and so onto keep them creating. But, to keep things entertaining, I give them a daily challenge.

Some days, I challenge them to build something specific with legos. another day, I might challenge them to find pine cones, leaves, or sticks of a certain size. My favorite challenges involve play doh. On this particular day I gave them a pile of buttons and a can of play doh and asked them to make an animal. They put their heads together asked for a touch of red doh and 2 little eyes. This is what they came up with. It is so cute, I knew I wanted to share this idea with you.

This post contains affiliate links.

Supplies:

Play Doh, offer 2 colors

Buttons

Googly Eyes

Directions:

Encourage your child to roll a play doh snake and  decorate it with buttons.

Give the snake eyes and carefully give him a tongue.

If you liked this easy play doh idea check out these reader favorites.

Button Tower Stem Activity

Apple Tree Math

3 Treatments to Help with the Aches and Pains of Motherhood

 Motherhood is one of the most rewarding journeys that you can take. It is also, however, one of the most exhausting and physically overwhelming things that you can do. Aside from the physical effects of carrying and bearing a child, those days spent running after little ones and trying to plan fun activities for the family will very likely leave you feeling sore and aching.

Thankfully, there are a few treatments you can have done that will help you to ease those pains. Here are three such treatments that are minimally invasive and can assist you on your road to better overall physical wellness.

1. SoLa Therapy

One aspect of women’s health that many people don’t like to talk about is that of pelvic pain. Women can suffer from pelvic pain for a variety of reasons. Complications during pregnancy, endometriosis, and fibroids can all cause pelvic pain in women that can verge on the unbearable. Through sola therapy, facilities like David Ghozland Sola provide women relief from their chronic pelvic pain.

The procedure itself uses a gentle laser, called a Photobiomodulation laser, that is targeted at the specific muscles that are the source of your pain. This process is entirely painless and will only take a few minutes. You might need to have a few treatments depending on the source and degree of pain that you are experiencing.

2. Pregnancy Massage

When you are pregnant, there are a lot of things that are off the table in terms of self-care. Unfortunately, pregnancy results in a variety of aches and pains that can make getting around difficult. This can be particularly cumbersome when you already have a little one running around as well. Massages can help with these greatly troubles. Many private label massage oil types are suitable for pregnancy and can play a great role with skin and muscle care during this time. However, be aware of massage oils that use essential oils, as many like aniseed or camphor are not suitable for pregnancy. Thankfully, not all massage techniques are harmful during pregnancy.

There are actually pregnancy-specific massages that a trained therapist can offer you to help ease your aching back and joints. The therapist will either have a table that has a space cut out for your bump or their will give your treatment while you lie on your side. There are many benefits to having a prenatal massage, so if you are suffering from the more common aches and pains of pregnancy, don’t hesitate to book one.

3. Physical Therapy for Hip Pain

Hip pain is a common occurrence in women. Not only does having a child cause a woman’s hips to widen, but that extra width can result in alignment issues with the knees. Moreover, a type of joint pain called rheumatoid arthritis is four times more common in women than it is in men. Such hip pain can make it difficult or even impossible to move around and accomplish what you need to do in a day. You should consult with your doctor about how to deal with arthritis and pain. In addition, sites like RollingPaper offer useful medical guides, including how arthritis is treated, what is chronic pain, and also natural ways to relieve pain. 

One course of treatment that tends to be highly effective for helping with hip pain in women is that of physical therapy. Through the use of targeted strength and mobility building exercises, you can loosen up your hips and take some of the load off of them so that they will ache less.