Credit card is closed and has balance of $1000. Assited Living Home costs $2500 monthly and budget is lean. Is it better to continue making

Started by

monthly payments or pay off the balance in full?

1 Comment

3931 helpful answers
There are so many variables here, and I'm am not even close to being a financial expert. I'm answering this to put it up front in case anyone who is a financial expert can give you advice. You likely should see a CPA or other financial expert, or even an elder attorney if this is your elder's account. Good luck.

Keep the conversation going (or start a new one)

Please enter your Comment

Ask a Question

Reach thousands of elder care experts and family caregivers
Get answers in 10 minutes or less
Receive personalized caregiving advice and support