Fixing my home, paying down dept while on unemployment.

[shockey80]

That's what I have been doing, because the future is so uncertain I believe this is the smartest thing I can do right now. The extra $600 runs out at the end of this month. I have been putting that money to good use. Who the hell knows what is going to happen next, no one.

Scary times for sure.

[Norbert]

1. This is what I did after Nov. 2016

We still had about $8000 left to pay on our mortgage. I didn't have any confidence in trump and while the opportunity was there we crunched the numbers and felt that 1-1/2 years was a good timeline to pay off the remaining mortgage. We paid the house off as planned.

It was a good thing we did. The very next year we were hit with a huge veterinarian bill. It was either have surgery on the dog or put her to sleep. The second choice wasn't an option.

[onethatcares]

2. sold high one year ago

bought low one year ago cash

Made a little to put in savings.

Every 2nd of the month I tell my wife that I forgot to make the mortgage payment yesterday.

Now, I just need to find out if placing the house in a trust to protect it against medical liens is possible or feasible.

Anyone have any idea? No medical at present but we (wife and I), are in our upper 60s.

Thanks

[nilram]

4. Yes, that's possible. My partner did it for his mom.

Find a good elder-law or estate attorney. If you have plans to move to a different state, have the trust reviewed by a lawyer there. There’s a five year look back period, so don’t get sick for five years afterwards.

[Sherman A1]

3. Paying down debt is always a good thing

if you are able to do so.

[demigoddess]

5. we paid off our house years ago and created a trust. It only took a decent lawyer.