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February 22, 2024
By
The Admiral Staff
Money orders are a secure and relatively inexpensive way to send money, with a maximum limit of $1,000. They can be purchased at various locations like the USPS, banks, credit unions, and major retailers. To fill one out correctly, you’ll need the payee’s name and address, the payment amount, your name and address, and the reason for payment. It’s crucial to sign the money order and double-check all information before sending it. Alternatives to money
February 21, 2024
By
The Admiral Staff
The article debunks common and often misguided financial advice. It argues against getting only three car insurance quotes, suggesting a comparison of 40 instead, and highlights services like Savvy to simplify the process. It challenges the notion of needing a million dollars to retire, promoting term life insurance through Fabric as a more accessible option. The article also refutes the idea that real estate investing requires immense wealth, showcasing Fundrise as a platform allowing investment with as little as $10. Finally, it questions
February 21, 2024
By
The Admiral Staff
This article outlines a 21-day challenge to help people pay off credit card debt. It suggests daily actions including: using MoneyLion to potentially lower interest rates, playing games like Bingo Cash and Solitaire Cash for potential winnings, canceling car insurance with EverQuote to find better rates, checking credit reports for errors with Credit Sesame, creating a budget, earning money through InboxDollars by watching videos, committing to a “no spend” week, and taking surveys with Survey Junkie. The goal is
February 20, 2024
By
The Admiral Staff
A parent co-signed a student loan for their 18-year-old daughter who then dropped out of college and now has $20,000 in debt. The parent, living on Social Security Disability, is concerned about being held responsible for the loan payments. The advice given is that the parent will likely be liable as a co-signer, particularly since these are likely private loans. Suing the daughter is discouraged due to her lack of funds. Instead, the parent should
February 20, 2024
By
The Admiral Staff
The article suggests two ways to significantly reduce monthly expenses: compare car insurance rates using EverQuote to potentially save up to $610 annually, and consolidate credit card debt with a low-interest loan from MoneyLion, potentially eliminating credit card payments and saving money on interest.
