Author: The Admiral Staff

March 22, 2024 Off

Live Rent-Free: Your Guide to the World of Housesitting

By The Admiral Staff

Housesitting can provide weeks or months of free housing, and sometimes even paid gigs. While gaining experience is key due to high competition, it’s possible to find opportunities through social networks or websites. Duties often include pet and plant care, and some positions offer stipends or tips. Paid housesitting gigs average $16/hour, but rates can vary. Numerous subscription-based websites connect housesitters with homeowners, both domestically and internationally, with annual fees ranging from $29 to $1

March 21, 2024 Off

Budgeting Blunders: 5 Mistakes Sabotaging Your Financial Goals

By The Admiral Staff

Many people create budgets but still struggle to meet their financial goals. Common mistakes include creating budgets that are too strict, budgeting for a lifestyle they can’t afford, lacking a clear purpose for budgeting, forgetting about irregular expenses, and not having a financial cushion. The article suggests building wiggle room into budgets, starting with income and expenses rather than desired spending, setting goals to motivate budgeting, planning for infrequent costs by saving small amounts regularly, and including a buffer for unexpected expenses.

March 20, 2024 Off

Remarriage & Retirement: Will You Lose Your Pension?

By The Admiral Staff

Whether a surviving spouse can continue receiving pension benefits after remarriage depends on the specific plan’s terms. Private pensions often allow benefits to continue, particularly if the contributions were primarily from the deceased spouse. Public pensions and the military’s Survivor Benefit Program (SBP) may have different rules, with the SBP allowing benefits if remarriage occurs after age 55. Social Security survivor benefits can generally be maintained if remarried after age 60. It’s crucial to verify details with the

March 19, 2024 Off

Navigating Social Security: A Widow’s Guide to Maximizing Benefits

By The Admiral Staff

A 60-year-old woman receiving SSDI and caring for her disabled father and 9-year-old child is seeking advice on maximizing her Social Security retirement benefits. The expert advises waiting until age 67, her full retirement age, to claim benefits based on her husband’s record. This will ensure she receives the maximum amount possible and will allow her to potentially receive both a survivor benefit from her husband’s account and her own retirement benefit, totaling up to the higher

March 18, 2024 Off

Backyard Chickens: A Costly Quest for Fresh Eggs?

By The Admiral Staff

Raising chickens for eggs can seem appealing with current egg prices, but it involves significant costs. The initial start-up for four chickens is around $162, including a coop (potentially $300-$2,000), chicks ($12-$20), and collection supplies ($50+). Ongoing annual maintenance costs roughly $602, primarily for feed ($36-$50/month), coop upkeep ($10-$15/month), and medical