American Financial Solutions Blog

What the new CDC eviction moratorium means for you

If you or someone you know is facing eviction, and lives in an area where COVID-19 is rapidly spreading, review this information from the Consumer Financial Protection Bureau. Resources and links to determine your counties current COVID status are in this article.

Posted on August 6, 2021

Missing Money; Subscriptions, Free Trials and Other Places to Check for Leaks

Sometimes in life routines can cause us to overlook areas of spending that are not necessary. However, neglecting these areas can cause a big dent in our budgets and stifle our best attempts to increase savings or bring a budget back on track. Here are some of the most overlooked areas of spending that could be impacting your finances.

Posted on July 27, 2021

Financial Tips for Parents to Teach Their Children

Children often dream of the day they can call themselves grown-ups, but few look forward to – let alone think about – the financial realities of independence. It’s never too early to start teaching your children how to save money and spend responsibly. Here are some financial tips to giving our kids a strong foundation of financial skills like budgeting and saving so they thrive as adults and can concentrate on the things they love.

Posted on July 27, 2021

Seven Things That Won’t Affect Your Credit Score

 It' s true that missing the due date on some of your bills will damage your credit score, but there are some financial transactions that don't have any effect, either good or bad.

Posted on July 27, 2021

Neobanks, Your Money and What to Look For in Safety

For many of us the term neobank is unfamiliar, but mention online only banking and “fintech” and the picture begins to get clearer. A neobank is a is a type of bank that operates exclusively online without physical branch networks. Some neobanks operate in partnership with a traditional bank and others are financial technology companies that offer bank like services. The latter is important to understand.

Posted on May 17, 2021

7 Steps to Save Money on a Remodel

Everyone has a defined budget he or she can allocate toward a remodeling or updating project. Even if funds were unlimited, it's still in a everyone's best interest to secure the best value for each dollar invested in a remodeling project, ultimately improving the beauty, comfort and, value of the home.

Posted on May 17, 2021

Precision Tuned Budget, Maximize Stimulus and Refund Money

Here are some ideas on how to use tax refunds and economic stimulus money to improve a financial situation.

Posted on March 15, 2021

Preparing for a Financial Emergency 5 tips for building (or rebuilding) your emergency savings

(Family Features) The new year provides an opportunity to re-evaluate different aspects of your life, and that includes your budget and savings habits. Planning for emergencies by building – or rebuilding if the COVID-19 pandemic required making a withdrawal – a savings account to withstand the unforeseen, can increase...

Posted on February 4, 2021

Protecting Your Finances and Your Mobile Device

If you are using your mobile phone to manage your finances, here are some steps you'll want to take to protect yourself.

Posted on February 4, 2021

Debt-to-Income Ratio: The Other Financial Health Metric

The DTI is the percentage of our income that goes toward paying our monthly debts. These ratios can often be overlooked as many people assume that a good credit score and income are the only two elements taken into consideration when seeking to purchase a home, car, or even to open a credit card. However, for many lenders, a good report and credit score are not enough to be considered a suitable candidate. 

Posted on February 2, 2021