Category: Build Assets

October 15, 2025 Off

Rent vs. Buy: Is Homeownership Still the Dream?

By The Admiral Staff

The article explores the ongoing debate of whether to rent or buy a home, noting that renting is increasingly appealing to younger Americans due to flexibility and affordability. It outlines ways to earn extra money to save for a down payment, such as completing surveys or trying out apps. The piece details the pros and cons of both renting (flexibility, fewer maintenance responsibilities, but lack of equity and potential rent increases) and buying (building equity, tax deductions, but high upfront costs and ongoing maintenance). Ultimately,

October 14, 2025 Off

Investing 101: Build Your Wealth, Even with $1

By The Admiral Staff

A recent survey revealed that only 48% of Americans understand basic investing terms, highlighting a need for financial literacy. The article emphasizes that investing is accessible to everyone, even with small amounts as little as $1, thanks to apps and the power of compound interest. It recommends building an emergency fund first and suggests investing at least 10-15% of income monthly.

Beginner-friendly investment options include exchange-traded funds (ETFs), index funds, bonds, mutual funds

September 7, 2025 Off

What Happens After? Planning for Your Belongings After You’re Gone

By The Admiral Staff

The article discusses the importance of having a will to ensure your assets are distributed according to your wishes after death, avoiding the complexities and potential costs of dying “intestate” (without a will). It explores the rise of online will-making services as an affordable alternative to traditional attorneys, highlighting their ease of use. However, it cautions readers to ensure the online will is legally binding by following state regulations (like notarization and witnesses), choosing a secure provider to protect personal data, and understanding the limitations

August 21, 2025 Off

Second Chance at Estate Planning: Protecting Your Future After Loss

By The Admiral Staff

Following the death of a spouse, it’s crucial to revisit and update your estate plan. Experts recommend four key steps: updating powers of attorney to designate new decision-makers, reviewing your will or trust to ensure assets are distributed as intended, checking and revising beneficiaries on accounts like life insurance and retirement savings, and considering adding a trust to protect assets and potentially qualify for Medicaid. These adjustments are vital as the surviving spouse is now legally considered single, potentially impacting asset protection.

August 15, 2025 Off

Top Pet Insurance Picks for 2025: Protecting Your Furry Friend

By The Admiral Staff

Unexpected vet bills can be costly, making pet insurance a worthwhile investment for many. The article highlights six top pet insurance companies for 2025, ranked based on coverage, flexibility, benefits, and reviews. **Trupanion** stands out with lifetime, per-condition deductibles and direct vet payments, while **Lemonade** offers affordability and a user-friendly app. **Healthy Paws** provides comprehensive coverage with no payout limits, and **Embrace** includes exam fee coverage. **