How Leasing a Car Can Help You Build Credit Leasing a car instead of buying it can be a smart decision if you prefer lower monthly payments and want to avoid the long-term costs of vehicle ownership. Just like an auto loan, the monthly payments associated with a lease agreement will appear on your credit […]
Author: Reverse Mortgage Cali
Making Saving Money Fun: 5 Exciting Strategies to Boost Your Savings Saving money can often feel like a daunting task, but it doesn’t have to be. At O1ne Mortgage, we believe that achieving financial security should be an enjoyable journey. If you’re finding it challenging to stay on track with your savings goals, it might […]
Maximizing Your 529 Plan: New Rules and Smart Strategies Your ambitious in-laws generously funded a 529 account to help your little one finance an Ivy League education. Then your child opted for a less-expensive state school instead. Is there any way to use the leftover funds in the 529 account without paying penalties and taxes? […]
Understanding Credit Card Minimum Payments: A Comprehensive Guide At O1ne Mortgage, we prioritize consumer credit and finance education to help you make the best financial decisions. In this blog, we will delve into the concept of minimum payments on credit cards, how they are calculated, and the reasons why your minimum payment might increase. If […]
Understanding Stockbrokers: A Comprehensive Guide Investing in the stock market can be a daunting task, especially if you’re new to the world of finance. One of the key players in this arena is the stockbroker. But what exactly is a stockbroker, and do you really need one? In this blog, we’ll delve into the role […]
Understanding Neobanks: The Future of Digital Banking In today’s fast-paced digital world, the concept of a neobank might sound like something out of a science fiction movie. However, neobanks are very much a reality and are revolutionizing the way we handle our finances. These digital-focused providers of banking services are giving traditional banks a run […]
Understanding New Car Replacement Insurance: A Comprehensive Guide New cars start losing value the moment you drive them off the lot. According to a 2022 study by iSeeCars.com, the average new car depreciates by about 17% within the first three years of ownership. If you find yourself in an accident shortly after purchasing a new […]
Investing in Yourself: A Path to Personal and Financial Growth If you have a significant goal on your radar—like changing careers, improving your health, or rehabbing your finances—achieving it might require you to invest in yourself. Spending money in the short term may be a tough pill to swallow, but it could lead to long-lasting […]
Six Essential Steps to Financial Self-Care The concept of “self-care” encompasses a lot. It’s all the stuff you do to keep yourself well: physically, mentally, and emotionally. It spans not just the activities you love—like eating your favorite breakfast and spending time in nature—but also the things you do because they’re good for you, like […]
Adapting Your Savings Strategy for Life’s Major Milestones Life is full of unexpected twists and turns, and your financial journey is no exception. Whether you’re welcoming a new family member, approaching retirement, considering a career change, or planning to buy a house, it’s essential to adapt your savings strategy to meet these significant milestones. At […]