July 2020 - Critical Financial

The Shrinking U.S. Economy And You

If you are interested in investing, you might be wondering what the July 30, 2020 headlines about the U.S. economy shrinking a whopping 33% (more accurately, 32.9% according to the Associated Press) between April and June really means. I love how conspiracy theory that line above sounds; there is no conspiracy, just a combination … Read more

What Are the Benefits of Increasing Your Credit Line?

What are the benefits of increasing your credit line? It might seem to go against some of the current prevailing advice about credit–use less credit, not more and reduce your credit card balances below 50 percent or better. For many, the idea of increasing your credit line seems counter-intuitive because the idea is to … Read more

Do You Want To Build Credit?

Do you know what to do to build credit and establish yourself as a good credit risk? Believe it or not, the way you approach a small line of credit can make a big difference later on when it’s time to apply for an auto loan or a mortgage. And if you are not … Read more

3 Big Changes in Banking Because of COVID-19

This year’s global pandemic has changed markets all over the world, and the financial sector has definitely not been immune to those changes. From rapid cycles in stock prices to seismic shifts in consumer behavior around accessing banking services, there have been a lot of changes very rapidly. It’s worth talking about three of the biggest, to help you make sure your institution is adapting as smoothly as possible to the realities of managing money in an age of social distancing.

How to Start Investing in Real Estate

Looking to make a little extra income? Everyone would like to find something to invest in, but it’s hard to know what and even harder to understand how. Real estate, for all its troubles, has one distinct advantage over other investments: people will always need a place to call home.