Male pattern baldness is a common issue facing many men and even women today. The condition is officially called androgenetic alopecia, and it affects more than 50% of men who above the age of 50. It is also the prominent cause of hair loss in men. The symptoms include getting a single bald patch in your hair, hairline receding until there is complete hair loss and hair loss that begins at the crown of the head. While there is no distinct cure for male baldness there are many treatments available that can slow down the process: 1. Rogaine Rogaine is a popular and very effective method of treatment for hair loss for men. Also called Minoxidil, this treatment was the first hair loss treatment to be approved by the FDA. Treatment with this may result in up to 25 % regrowth of hair in three months. 2. Finasteride Known under the brand names of Propecia and Proscar. Finasteride the first pill developed to treat male baldness. Since it’s been FDA approved it’s helped many men treat their hair loss. 3. Essential oils The use of oils has been well known to help with hair growth. The most used oil for baldness is peppermint oil.

During retirement, homeowners do not have a regular income and may struggle financially. An option to help with a lack of cash flow is a reverse mortgage, where a homeowner who is 62 or older can withdraw portions of their home equity for cash. Instead of making regular mortgage payments, the homeowner instead can receive a monthly payment or as a lump sum. A reverse mortgage is typically used to cover expenses like debt consolidation, home improvements, or living expenses. Taking out a reverse mortgage is a big decision that comes with various advantages and disadvantages. Before you talk with your mortgage provider, it’s important to know what you’re signing up for: 1. Who is eligible To begin, the Federal Housing Administration (FHA) requires that homeowners be at least 62 years old. The home must not have any mortgage on the property, however, if it does, it may be paid in full with the proceeds of this mortgage. When applying for this mortgage, the credit score is not a factor. The homeowner retains title to the home as long as they live there and continue to pay property taxes, insurance, and household maintenance fees. 2. Pros This type of non-typical mortgage does not require monthly payments.

The average student today might think that the benefits of a student saving accounts are very minimal. After all, the interest rates are very low. However, financial experts find that there are numerous benefits that are associated with college savings accounts. For example, they teach the young student the importance of planning and saving for their financial future. Clearly, this is one hands on approach for the student to learn about personal finances and managing their money at a young age. Here are a few benefits of opening one of the following student savings accounts: 1. Savings deposit accounts Every student that is interested in furthering their education should open a savings deposit account. Typically, the student opens a savings account at a local bank or on the Internet. The bank will offer the depositor a modest interest rate on the money that is deposited in their account. However, it is also important to search around for the best interest rates. It is important to note that some banks offer no interest on savings accounts, while others offer a very modest interest rate that will help the money grow. 2. High interest savings accounts for students The good news is that an account like this is available on the Internet or in a traditional bank.

A checking account is the most basic bank account that people can have. They are the type of account through a bank or credit union that is meant for easy access to funds. These accounts are used for paying bills and everyday transactions that are accessed by either a check or a debit card. Since people tend to keep the same primary bank account for several years, it’s important to understand the fees and conditions that go along with these accounts. Below is a list of some of the common checking accounts and how to get the most out of these accounts: 1. Traditional checking account A traditional checking account is the one that most people are familiar with. It’s the one that you get your check deposited into. Most of these will be available as online accounts that you access through a bank’s website or mobile app. There will usually be a fee for this kind of account that will depend on your monthly balance and they are used as everyday accounts for using cash. The best way to use this type of account is to manage your spending and making sure that you have some sort of overdraft protection.

Life insurance is one way to ensure that your loved ones are taken care of in the case of your unexpected death. Most life insurance policies will cover all or a portion of burial expenses and grant money to your chosen beneficiaries over a time period specified in your insurance. However, there are various types of life insurance policies that offer different benefits based on the monthly premiums paid by the policyholder. Some different types of policies include: 1. Whole life insurance This is the most common type of permanent life insurance, and it provides coverage for your entire life. It has a cash value component, which means that part of your premiums go into a cash-value account, where they grow on a tax-deferred basis. Therefore, you do not have to pay taxes for the gains. Once your cash value grows, you can borrow a loan against it or use it to pay premiums. In this type of insurance, the premiums are constant, and the death benefits are guaranteed as long as you pay the guaranteed premiums. 2. Term life insurance Term life insurance covers a specific length or term of time, usually between 10 and 30 years. If you die during the term, your beneficiaries get a payout, known as a death benefit, but there will be no payout if you die outside the term.