Tax Implications and Protection Tips for Social Security Survivors Benefits
Understanding Social Security Survivors Benefits: A Comprehensive Guide Social Security is often associated with retirement benefits, but it also provides crucial support in other situations, such as for the disabled or those without income. One lesser-known aspect is Social Security survivors benefits, which offer financial assistance to eligible family members when a loved one who […]
“Guarding Against Holiday Scams: Practical Tips for Secure Shopping”
The holidays are a time of joy, relaxation, and family gatherings, but they can also bring added stress. Whether it’s stretching your finances to buy presents, dealing with travel plans, or rushing to complete tasks before taking a few days off, the extra expenses and pressure can make you a prime target for identity theft […]
Treasury Bills and Bonds: A Low-Risk Investment Strategy
Understanding Treasury Bills and Treasury Bonds: A Comprehensive Guide Government bonds provide a low-risk way to invest. While gains may lag behind higher-risk assets like stocks, they can help diversify your portfolio and provide a steady stream of reliable income. Treasury bonds and Treasury bills work a little differently, but both are debt securities available […]
Debt Settlement and Taxes: A Comprehensive Guide
Understanding Debt Settlement and Its Tax Implications Do you pay taxes on settled debt? It’s a question more people may be asking as credit card balances continue to grow. According to the Federal Reserve Bank of New York, credit card balances increased to $1.08 trillion in the third quarter of 2023, and delinquencies are on […]
“Mixed Emotions: Consumer Sentiments on Holiday Shopping in 2023”
Holiday Spending Trends: Insights and Tips for 2023 The holiday season is upon us, and with it comes the excitement and challenges of holiday shopping. At O1ne Mortgage, we understand that managing your finances during this time can be a bit overwhelming. That’s why we’re here to provide you with insights from a recent survey […]
“From Debit to Credit: Effective Ways to Build Your Credit Score”
Why Debit Cards Generally Don’t Help You Build Credit There are many reasons to use your debit card responsibly. Doing so can help curb overspending and prevent you from overdrawing your bank account. And while being careful with your debit card is certainly important in protecting your finances, most conventional debit cards won’t help you […]
Understanding Second Mortgages and When to Use Them
As we delve into the realm of homeownership and personal finance, it’s essential to consider the potential of a second mortgage when seeking financial flexibility. In the current market, where the average U.S. homeowner with a mortgage enjoys $305,000 in equity, a secondary mortgage is not just an option but a strategic contour for capitalizing […]
