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March 16, 2025
By
The Admiral Staff
Pursuing a graduate degree can significantly increase earning potential, but it often comes with substantial debt. The article outlines seven strategies to minimize student loan debt while earning an advanced degree: seeking employer tuition assistance, applying for federal and state grants and scholarships (including specific programs like TEACH and Pell), exploring institutional scholarships and fellowships, securing a graduate assistantship (teaching, research, or administrative), investigating professional organization funding, utilizing federal student loans cautiously, and considering private loans only after graduation for potential refinancing.
March 8, 2025
By
The Admiral Staff
A housewife with limited income (Social Security) wants to establish credit in her own name despite past credit issues. The advice is to separate her credit history from her husband’s and focus on building credit individually. Options include securing a credit card (requiring a deposit) and demonstrating consistent, on-time payments. The article also suggests exploring side income opportunities like surveys or online tasks to supplement Social Security benefits, and emphasizes the importance of responsible credit usage (keeping credit utilization below 10%) and
February 24, 2025
By
The Admiral Staff
Your credit utilization ratio, the amount of credit you’re using compared to your total available credit, significantly impacts your credit score. Experts recommend keeping this ratio below 30%, ideally closer to zero, as it signals responsible borrowing to lenders. You can improve your ratio by decreasing spending, paying balances early, requesting a credit limit increase, opening another credit card (though this can trigger a credit inquiry), and regularly monitoring your utilization.
November 23, 2024
By
The Admiral Staff
The article cautions against becoming overly obsessed with the stock market, citing an example of someone neglecting their 401(k) to trade stocks. It then offers five safer investment alternatives: steady, long-term stock investments (like through Stash), using MoneyLion to consolidate and lower credit card debt, comparing car insurance rates with Pretected, and earning extra income by watching videos and taking surveys with InboxDollars.
November 21, 2024
By
The Admiral Staff
The article discusses strategies for managing and reducing debt, particularly “bad debt” like credit card debt, medical bills, and overdue payments. It suggests four key steps: improving your credit score using services like Credit Sesame, consolidating credit card debt with lower-interest loans through AmOne, lowering monthly bills by shopping around for insurance with EverQuote, and negotiating payment plans with providers like hospitals. The goal is to avoid debt collectors and pay off debt faster by lowering interest rates and making payments more manageable.
