These can include the payoff of debts (such as a mortgage balance), the payment of monthly living expenses, and the payment of funeral and other final expenses. (goodfinancialcents.com)
Counselors are now required to ask potential borrowers about income, assets, debts, and monthly living expenses in order to perform a budget analysis. (reverse.mortgage)
Paying minimum credit card payments and saving for the future as well as paying monthly living expenses have become more difficult. (uscaonline.com)