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July 28, 2024
By
The Admiral Staff
Starting a new job significantly impacts your finances, and it’s crucial to make smart money moves. Key steps include rolling over your old 401(k), carefully evaluating health insurance plans (considering premiums, deductibles, and potential HSAs), and exploring all employee benefits like tuition reimbursement or childcare vouchers. Avoid “lifestyle inflation” by directing a portion of your increased salary into savings, and finally, readjust your budget to reflect any changes in income and expenses related to the new role.
July 24, 2024
By
The Admiral Staff
The pandemic prompted financial experts to re-evaluate the traditional advice of having three to six months of living expenses in an emergency fund, with some now recommending 12 months. While a larger emergency fund offers greater financial security, it may not be feasible for everyone, particularly those with debt or limited savings. The article outlines how to calculate a 12-month goal based on essential expenses, prioritize savings within a budget, and explore additional income streams to achieve this goal, emphasizing the importance of consistency
July 12, 2024
By
The Admiral Staff
This article offers strategies to eliminate debt so readers can afford better ramen. It suggests options like negotiating debt with Freedom Debt Relief, avoiding late fees with the EarnIn app, refinancing auto loans through ReFiJet, and resolving collection accounts with Collection Shield 360. The article also provides six ramen recipes costing under $7 each.
June 30, 2024
By
The Admiral Staff
This article offers six strategies to help individuals struggling with tight budgets. These include comparing car insurance rates to potentially save $500 annually, utilizing a credit card offering a $200 bonus and 2% cash back, switching to T-Mobile 5G home internet for as low as $30/month (with potential termination fee coverage), obtaining a home warranty to cover appliance repairs not typically handled by homeowner’s insurance, exploring debt relief programs to negotiate lower debt settlements, and
June 24, 2024
By
The Admiral Staff
A reader living with his financially secure girlfriend is facing complaints about not contributing enough to the household, despite covering rent, bills, and most of the cooking. The advice suggests focusing on the feelings and history surrounding money rather than strict fairness, encouraging open communication about the origins of their initial financial agreements and any changes in perspective. Formalizing agreements in writing, like with a lease, is recommended to prevent future disputes and allow for periodic review.
