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Financial Education (3) Blogs - Page 3


Will Consumer Credit Trends from 2020 Hold Steady in 2021?

Published 4/21/21 10:09 AM
The consumer credit market responded to the various pandemic-triggered crises of 2020 in ways that you may find surprising. Instead of imploding, it saw dropping credit utilization ratios and balances, improved payment histories, and skyrocketing credit scores. All these developments happened against the backdrop of slowing lending and dropping originations during the second quarter of the year.

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Topics: Financial Education

Understanding Your Debt-to-Income Ratio

Published 4/15/21 5:44 PM

Understanding how creditors evaluate your creditworthiness is one step in the right direction toward achieving your financial freedom. After all, knowledge is power, and knowledge of how financial matters work can help you make your way out of debt into financial stability.

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Topics: Financial Education

Better Money Management Through Automation

Published 4/7/21 11:48 AM

Automate your savings, recurring payments, and investments to streamline your money management and avoid self-sabotage.

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Topics: Financial Education

How to Stick to a Budget

Published 3/31/21 11:35 AM

Making a budget is one thing; sticking to it is what’s going to help you achieve your financial goals. Here are some tips on how to stick to a budget.

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Topics: Financial Education

Creating a Budget: Step-By-Step

Published 3/31/21 10:49 AM

Creating a budget can be a difficult and tiresome task but learning how to budget for your personal expenses is key to financial health.

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Topics: Financial Education

What If I Can’t Pay My Taxes?

Published 3/22/21 2:49 PM

Disclaimer: ClearOne Advantage does not offer tax advice. Please consult with your accountant or tax professional for advice regarding your specific tax situation.

If you owe the IRS more than you can pay this year, don’t panic. Read on for possible solutions if you can’t pay your taxes.

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Topics: Financial Education

Tips for Filing Taxes While in Debt

Published 3/22/21 1:58 PM

Disclaimer: ClearOne Advantage does not offer tax advice. Please consult with your accountant or tax professional for advice regarding your specific tax situation.

If you are in the process of paying down your debt, there are certain things to keep in mind at tax time. Here are some tips for filing taxes.

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Topics: Financial Education

How to Budget While Unemployed

Published 3/15/21 4:52 PM

Losing your job can hit you like a ton of bricks, especially as you think of all of the financial obligations you have. Having a budget can help you manage your finances to get you through this difficult time.

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Topics: Financial Education

Debt Snowball vs. Debt Avalanche: Which Strategy Works Best?

Published 3/8/21 10:50 AM

If you are trying to figure out the best way to pay down debt on your own, you should consider which method works best for you – the debt snowball or debt avalanche.

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Topics: Financial Education

The Power of Delayed Spending

Published 3/4/21 1:56 PM

Do you ever find yourself buying something impulsively? Delaying spending helps you save more and avoid impulse buys. It keeps your money aligned with your values and goals.

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Topics: Financial Education