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October 24, 2024
By
The Admiral Staff
The article argues that strict adherence to financial rules can negatively impact mental well-being. It suggests breaking certain rules—like obsessively paying down credit card debt, eliminating all subscriptions, making everything from scratch, DIYing all home tasks, restricting splurges, and selling all unwanted items—to prioritize mental health. The piece offers practical solutions like consolidating credit card debt with lower interest rates, utilizing subscription services for relaxation, using apps like EverQuote and Fetch Rewards for savings, and donating unwanted items instead
September 28, 2024
By
The Admiral Staff
Feeling financially strained after stimulus checks ran out? The article suggests seven ways to save money: consolidate credit card debt with a low-interest loan through AmOne, reassess homeowner’s insurance with Lemonade, switch to a cheaper cell phone plan with Twigby, earn cash by watching videos and taking surveys with InboxDollars, get free stock by joining Robinhood, cancel or compare car insurance through SmartFinancial, and stop wasting money on homeowner’s insurance.
September 17, 2024
By
The Admiral Staff
Financial counselors are trained professionals who help individuals overcome money management challenges, often focusing on basic skills like budgeting and debt reduction. Unlike financial advisors who manage investments, counselors typically work with low-to-middle income clients to address day-to-day financial concerns and emotional connections to spending habits. Accredited Financial Counselors (AFCs) have specific training and adhere to a code of ethics. These counselors can be found in various settings, often offering services at little to no cost, and can be located
February 8, 2024
By
The Admiral Staff
Earnin is a paycheck advance app offering an alternative to payday loans. Users can access a portion of their earned wages before their regular payday, with borrowing limits up to $750 per pay period and $100 per day. The service operates on voluntary tips rather than mandatory fees, and eligibility is based on having a regular pay schedule and connecting the app to your bank account to verify earnings. Instant access to funds is available through a paid “Lightning Speed” feature, otherwise transfers take
December 12, 2022
By
The Admiral Staff
The article discusses “revenge spending,” a tendency to overspend after periods of restriction, like the COVID-19 pandemic. Fueled by a desire to make up for lost experiences, this can lead to financial trouble. The article advises readers to avoid impulsive purchases by implementing a “7-day pause,” becoming smart shoppers by seeking deals, finding cheaper alternatives for desired experiences, establishing no-spend days, and budgeting specifically for fun money. Ultimately, it encourages conscious spending and thoughtful financial decisions as
