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October 26, 2024
By
The Admiral Staff
The article outlines common pitfalls that lead to financial ruin and offers practical solutions to avoid them. These include living beyond your means (like excessive spending on homes, cars, or travel), making poor investments (cautioning against multi-level marketing schemes and recommending platforms like Robinhood), neglecting budgeting (suggesting the 50/30/20 method), and accumulating high-interest credit card debt (highlighting MoneyLion as a potential debt consolidation tool). The overall message emphasizes proactive financial management as
October 18, 2024
By
The Admiral Staff
The article argues that schools fail to teach essential personal finance skills, leaving many adults unprepared to manage their money effectively. It then outlines six actionable steps readers can take to potentially save or earn money: investing in companies with micro-investing apps, comparing car insurance rates, earning money playing games like Solitaire and Bingo, getting paid for sharing opinions through surveys, and consolidating credit card debt with lower-interest loans. The author suggests these strategies could lead to a significant positive impact on one’s financial
October 8, 2024
By
The Admiral Staff
A reader is struggling with her boyfriend and mother’s refusal to tip for carside meal service, which bothers her due to her work in the food industry. The advice is to offer a couple of dollars as a tip directly to the server, separate from the bill her boyfriend or mother is paying. If this causes conflict, she should drop the issue, as arguing is unproductive when they are paying. The author emphasizes letting go of worrying about others’ opinions and enjoying the meal.
September 20, 2024
By
The Admiral Staff
Simplifi, a new budgeting app from Quicken, aims to simplify personal finance by automatically creating personalized, flexible spending plans based on your income and bills. It acts like a “GPS” for your bank account, helping you reach financial goals, from paying rent to saving for a home, and adjust for unexpected expenses. Easy to set up and customizable, it’s earned recognition as the best budgeting app of 2020 by Wirecutter and offers a 30-day money-
September 15, 2024
By
The Admiral Staff
This article outlines an 18-day challenge designed to help people pay off credit card debt. It begins by suggesting users apply for a low-interest personal loan through AmOne to consolidate debt. Subsequent days involve steps like assessing debt with Credit Sesame, earning extra money through apps like Bingo Cash and Survey Junkie, canceling car insurance via EverQuote, and utilizing price-tracking tools. The challenge also includes a week-long “no spend” period and encourages users to earn money playing games like
