Tuesday’s need-to-know money new

Today’s top story: Should you use a reverse mortgage to pay for long-term care? Also in the news: A new episode of the Smart Money podcast on giving family and friends money, a look at the Metro affordability report for first-time buyers, and the easiest ways to make your cell phone bill cheaper.

Should You Use a Reverse Mortgage to Pay for Long-Term Care?
A reverse mortgage can provide a crucial stream of income to pay for long-term care costs, but there are some limitations.

Smart Money Podcast: Giving Family Money, and What’s Happening With Inflation
This week’s episode starts with a discussion about when and how to give your family and friends money.

First-Time Home Buyer Metro Affordability Report – Q1 2022
Two years into the pandemic-era housing market, affordability falls again, making a bleak first quarter for first-time home buyers in 2022.

The Easiest Ways to Make Your Cell Phone Bill Cheaper
Your attention span is already prisoner to your phone; your wallet doesn’t have to be, too.