Tag: cost of living

Escape the Grind: How We Cut Our Expenses in Half by Moving to Mexico
January 2, 2026 0

Escape the Grind: How We Cut Our Expenses in Half by Moving to Mexico

By The Admiral Staff

The author details how relocating from the U.S. to Mexico drastically reduced their monthly expenses, from $4,700 to $2,100, while simultaneously improving their quality of life. They highlight that changing one’s location can be a faster and more enjoyable alternative to traditional financial strategies like earning more or cutting back on expenses. Many Americans are already choosing to live abroad for lifestyle reasons, and with the rise of remote work, it’s becoming increasingly feasible to earn income

Where to Retire Rich: The Best States for Your Finances
October 12, 2025 Off

Where to Retire Rich: The Best States for Your Finances

By The Admiral Staff

The article identifies the best states for retirement based on financial considerations like taxes and cost of living. It highlights states with no income tax (Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming) but notes they may have high property taxes. The top 5 overall financially friendly states for retirement are Mississippi (no taxes on Social Security, pensions, IRAs, or 401(k) withdrawals), Arkansas (low cost of living), Tennessee (no

The Side Hustle Surge: Why Most Americans Need a Second Income
May 7, 2025 Off

The Side Hustle Surge: Why Most Americans Need a Second Income

By The Admiral Staff

A recent survey by MyPerfectResume found that 71% of American workers rely on a secondary income, largely driven by rising costs of living (food up 25.2%, housing up 23.7%, and transportation up 27.1% since 2020). Common motivations include paying off debt, saving for goals, and covering essential expenses. While a secondary income offers financial benefits, it can also lead to burnout, impact work focus, and reduce time

Economic Blackout: Can a One-Day Boycott Make a Difference?
February 15, 2025 Off

Economic Blackout: Can a One-Day Boycott Make a Difference?

By The Admiral Staff

A movement is gaining traction on social media, urging consumers to participate in an economic blackout on February 28th to protest rising costs and corporate practices. Organized by The People’s Union USA, the blackout encourages people to avoid spending on non-essential items at major retailers, fast food chains, and gas stations, while supporting small businesses for necessary purchases. The group hopes this one-day disruption will send a message and spark economic reform, with additional protests planned for March and April. While the

Is the 50/20/30 Budget Still Realistic?
January 30, 2025 Off

Is the 50/20/30 Budget Still Realistic?

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