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February 3, 2025
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The Admiral Staff
A recent study by The Penny Hoarder ranked states based on their support for financial literacy and resilience, using 27 criteria across six categories: personal consumption, earnings, knowledge, investing/savings, state policy, and resilience. **New Hampshire** ranked highest (79.9%), followed by Virginia and Nebraska. Conversely, **Nevada** ranked lowest (40.0%), with Hawaii, Texas, and California also near the bottom. The study highlights the significant impact of state policies,
February 2, 2025
By
The Admiral Staff
Before donating to a charity, it’s wise to ensure your money is used effectively. First, verify the organization’s legitimacy using watchdog sites like Charity Watch or Charity Navigator. Second, check the “program expense ratio” to see how much of the donation goes directly to programs versus administrative costs – ideally, at least 75% should support programs. Finally, confirm the charity’s tax status; donations to 501(c)(3) organizations are typically tax-deduct
February 1, 2025
By
The Admiral Staff
Ten settlements are currently accepting claims, offering consumers potential recovery for various issues including data breaches, subscription fees, product defects, and uninhabitable living conditions. Settlements address data breaches at Vi, Morrison Community Hospital, Mondelēz, Nonstop Administration, Professional Finance, and Rise Interactive, as well as a Progressive vendor breach. Other settlements cover automatic renewal subscription issues with System1, uninhabitable apartment conditions at Meridian Heights Apartments, battery defects in Chevy Bolt vehicles, and a settlement with General Motors and LG
January 31, 2025
By
The Admiral Staff
Compound Banc is an app aiming to make investing accessible to everyone by offering real estate bonds with a fixed 7% APY, starting with just a $10 investment. Unlike traditional stock or crypto markets, Compound Banc invests in stable real assets, and offers features like automated savings and round-up investing, with no fees and flexible withdrawal options.
January 30, 2025
By
The Admiral Staff
The article discusses the 50/20/30 budgeting rule, popularized by Elizabeth Warren, which suggests allocating 50% of after-tax income to essential living expenses, 20% to financial goals, and 30% to personal spending. However, the article notes that rising housing costs and income inequality make this rule increasingly unrealistic for many Americans. While it can be a useful tool for those with sufficient income, the piece offers alternative strategies for those struggling to meet essential
