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November 8, 2025
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The Admiral Staff
Graduate school enrollment is rising, but is it worth the investment? While a master’s degree can lead to a significant salary increase ($17,864 more annually in 2018), it also comes with substantial debt ($50,300 on average). The article advises carefully considering the decision, suggesting questions to ask about career prospects, financial implications, and program quality. Key considerations include whether the degree aligns with desired career paths, if the potential salary increase justifies lost
November 7, 2025
By
The Admiral Staff
Starting a family is expensive, and it’s easy to accumulate debt. To avoid this, the article suggests five strategies: maximizing Health Savings Account contributions, opening a 529 account for future college expenses, building an emergency fund to cover unexpected costs, setting up automatic payments to avoid late fees, and remembering that children won’t remember extravagant purchases, so prioritize financial security over excessive spending.
November 7, 2025
By
The Admiral Staff
Renting a storage unit might seem convenient, but it can be a costly financial decision. The article highlights seven reasons to reconsider: storage units often store depreciating items, divert funds from savings or debt repayment, and forgo potential income from selling or renting belongings. Alternatives like utilizing existing space, asking for help from loved ones, or selling unwanted items are suggested. The article also cautions against prolonged rental periods, the temptation to accumulate more belongings, and the risk of damage to stored items.
November 5, 2025
By
The Admiral Staff
Sports betting winnings are taxable income, and you’re required to report them to the IRS, even if you don’t receive a W-2 G form. Apps like DraftKings and FanDuel will issue a W-2 G if you win $5,000 or 300 times the amount wagered. While you can deduct losses, it’s often difficult to exceed the standard deduction. It’s recommended to set aside 24-25% of winnings for
November 2, 2025
By
The Admiral Staff
Several well-known retailers are planning store closures in 2025, including Walgreens (500 locations), BuyBuy Baby (abandoning brick-and-mortar for a digital brand), Advanced Auto Parts (727 locations), Macy’s (150 stores by 2026), Family Dollar (970 stores total), CVS (300 stores), Big Lots (around 500-700 locations), and Joann (all locations
