Maximizing Your Savings: The Benefits of a Savings Account When it comes to managing your finances, having a savings account is a smart move. While you could keep your money in a checking account or even under a mattress, a savings account offers numerous advantages that make it a better option for stashing cash for […]
Understanding and Improving Your Savings Rate If you’re saving for a financial goal like an emergency fund or a down payment on a home, it helps to monitor your progress. Perhaps the best measure of how quickly you’re able to put money away is your savings rate: the percentage of income you set aside in […]
How to Save for Your Child’s College Education: A Comprehensive Guide When it comes to saving for your child’s college education, there are no one-size-fits-all solutions. The amount you should save depends on your budget, how much of your child’s expenses you want to cover, and where you anticipate they’ll attend school. Here at O1ne […]
Protecting Yourself from Identity Theft: Essential Steps to Take Every year, identity theft affects millions of Americans, leading to billions of dollars in losses. Beyond the financial impact, victims often face significant anxiety, hassle, and loss of valuable time. The best defense against identity theft is prevention, but if you or a loved one falls […]
Understanding Dividend Stocks: Pros, Cons, and Alternatives Dividend stocks can be an attractive option for investors seeking regular payouts. However, they come with their own set of risks and downsides. In this blog, we will explore what dividend stocks are, reasons to be cautious about them, and some viable alternatives to consider for a diversified […]
Understanding the Flex Modification Program: A Lifeline for Homeowners If you’re facing financial hardship and struggling to make your monthly mortgage payment, a mortgage modification may make your home loan more affordable and help you avoid foreclosure. Loan modifications date as far back as the 1930s, when they helped stabilize the housing market during the […]
Understanding and Managing Financial Stress: A Comprehensive Guide If the state of your finances is keeping you up at night, you’re far from alone. Study after study reveals that money problems aren’t just annoying—they cause major stress that, if not dealt with, can lead to serious mental, emotional, and physical problems. Here’s what you need […]
Understanding Child Support: A Comprehensive Guide When couples decide to divorce, one of the most challenging aspects to navigate is the division of assets and debts. For parents, determining custody and financial support for the child becomes a crucial part of the process. This financial support, known as child support, is essential to ensure the […]
Maintaining Your Credit Health: A Comprehensive Guide At O1ne Mortgage, we understand the importance of maintaining a healthy credit score. While you may reach a point where your credit score takes up less mental real estate, it’s never a great idea to stop caring about it entirely. Whether you’re planning to borrow money or not, […]
Understanding Credit Utilization and How It Affects Your Credit Score At O1ne Mortgage, we prioritize consumer credit and finance education to help you make the best financial decisions. Understanding credit utilization is crucial for maintaining a healthy credit score, which can significantly impact your ability to secure loans and favorable interest rates. In this blog, […]
