Author: The Admiral Staff

November 29, 2024 Off

The Retirement Regrets You Can Still Fix

By The Admiral Staff

A recent University of Pennsylvania study surveyed nearly 1,800 older Americans about their biggest financial regrets. The top five regrets were: not saving enough for retirement (57%), not purchasing long-term care insurance (40%), not working longer (37%), not investing in an annuity (33%), and claiming Social Security too early (23%). The article suggests learning from these regrets and taking action now to improve financial security, such as maximizing retirement savings, considering long-term

November 29, 2024 Off

Escape the Debt Trap: 4 Simple Ways to Save Money Now

By The Admiral Staff

The article outlines four legal ways to save money and potentially pay off debt. First, MoneyLion can help consolidate credit card debt by matching users with lower interest rate loans (as low as 5.20% APR). Second, the Bingo Cash app offers a chance to win up to $83 by playing bingo, with a potential 8x return on a $10 deposit. Third, switching car insurance providers using EverQuote can lead to significant savings due to historically low rates. Finally

November 28, 2024 Off

Ditch the Crypto, Boost Your Bank: 4 Smart Money Moves

By The Admiral Staff

This article argues against the hype surrounding cryptocurrency, advocating for focusing on traditional financial strategies instead. It outlines seven practical ways to improve your net worth: paying down credit card debt with a lower-interest loan through AmOne, comparing car insurance rates with EverQuote, investing with Robinhood (potentially earning a free stock), earning gift cards by scanning grocery receipts with Fetch Rewards, using a browser extension to avoid overpaying online, and earning cash by watching videos and taking surveys with InboxDollars. The author emphasizes

November 27, 2024 Off

Escape the 9-to-5: Your Path to “Forget You!” Money

By The Admiral Staff

This article outlines strategies to accumulate “Forget You!” Money – the amount needed to retire comfortably, calculated as 25 times your annual expenses. It suggests five methods: investing in companies like Amazon and Apple through Stash (earning dividends), utilizing Chime’s automatic savings features, earning money by playing Solitaire Cash, refinancing your mortgage with loanDepot, and comparing car insurance rates on EverQuote to potentially save money. The goal is to empower readers to achieve financial independence and early retirement

November 26, 2024 Off

Giving Tuesday: Your Tax Deduction & How to Donate Smart

By The Admiral Staff

Giving Tuesday, December 3rd, encourages people to donate to charities after the Black Friday/Cyber Monday shopping spree. Donating may offer a tax deduction, though this benefit is primarily for those with higher incomes who itemize deductions. The article also provides ways to participate in Giving Tuesday without spending money, such as volunteering or donating used goods, and offers resources for earning extra income to facilitate charitable giving.