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November 3, 2024
By
The Admiral Staff
During open enrollment, employees can adjust their health insurance plans, including switching to high-deductible plans (HDHPs) with Health Savings Accounts (HSAs). While HDHPs offer lower monthly premiums, they require higher out-of-pocket expenses, which can be risky in case of significant health issues. The article advises considering health status, financial stability, job security, and comparing plan components (premiums, copays, deductibles, coinsurance, and HSA/FSA contributions
October 31, 2024
By
The Admiral Staff
This article outlines a seven-day plan for teachers to improve their financial control. It suggests earning extra income through apps like Bingo Cash and Solitaire Cash (potentially winning up to $83), sharing opinions on YouGov America ($100+), and watching movie previews with InboxDollars ($225/month). It also advises canceling car insurance using EverQuote, and potentially lowering credit card interest rates by 70% with MoneyLion. The plan emphasizes simple, actionable steps to take
October 11, 2024
By
The Admiral Staff
The article argues that it’s financially smarter to purchase life insurance sooner rather than later, especially when young and healthy, as premiums increase with age. Term life insurance can be surprisingly affordable, with some companies offering rates starting as low as $11 a month, and quotes obtainable without a medical exam. Securing a policy now can provide financial security for your loved ones and cover important expenses like mortgages or children’s education.
October 9, 2024
By
The Admiral Staff
Amidst feelings of anxiety and uncertainty, the article suggests five constructive financial steps to take from home. These include securing life insurance (potentially up to $1.5 million starting at $20/month), starting an investment portfolio with as little as $1, establishing an emergency fund (potentially boosted by stimulus checks), reducing car insurance costs, and exploring ways to earn extra income from home, such as virtual bookkeeping or completing online surveys.
September 30, 2024
By
The Admiral Staff
The article advises couples to have open and honest conversations about money at various stages of a relationship, from early dating to marriage and beyond. It suggests being upfront about financial goals and limitations early on, budgeting together when moving in, setting a realistic wedding budget, and approaching long-term financial goals like homeownership and family planning as a team. The key is to start these discussions early and maintain regular “budget meetings” to ensure financial alignment and avoid unnecessary stress.
