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 […]
Author: Reverse Mortgage Cali
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 […]
Understanding the Importance of Naming a Beneficiary on Your Savings Account Have you ever wondered what happens to your savings account when you pass away? If you haven’t given it much thought, it’s time to consider the benefits of naming a beneficiary on your savings account. This simple step can ensure that your money goes […]
Maximizing Your Savings with a High-Yield Savings Account A high-yield savings account (HYSA) is a powerful tool for achieving your short-term financial goals. Unlike traditional savings accounts, HYSAs offer significantly higher interest rates, allowing your money to grow faster. But how much should you deposit in your HYSA? The answer depends on your specific financial […]
Investing in Your Grandchild’s Future: A Comprehensive Guide Grandparents often provide their grandchildren with unconditional love, reassuring hugs, and endless patience. But beyond these invaluable gifts, they can also offer a head start on financial success by investing on their behalf. At O1ne Mortgage, we understand the importance of securing a bright future for your […]
Understanding Back-to-School Spending Trends: Insights and Implications September, or August in some parts of the country, is often considered one of the busiest spending months of the year. According to the National Retail Federation (NRF), a trade organization that predicts spending at department stores and other retail outlets, back-to-school spending will produce an additional $130 […]
Mastering Financial Wellness with Irregular Income Whether you’re building your emergency fund or setting money aside for retirement, saving for the future is a key part of financial wellness. But getting into the habit of saving can be tricky if your income fluctuates. You may have more financial wiggle room during certain months, or money […]
Building a Strong Financial Foundation in College College is an exciting time filled with new experiences and opportunities. It’s also a crucial period to start building a strong financial foundation. At O1ne Mortgage, we understand the importance of financial stability, and we’re here to help you every step of the way. Call us at 213-732-3074 […]