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May 12, 2024
By
The Admiral Staff
Video games are emerging as a valuable tool for financial education, offering engaging ways to learn about budgeting, saving, investing, and debt management. Popular games like Animal Crossing, Stardew Valley, and EA Sports FC incorporate money management concepts, while newer games like Venture Valley are specifically designed to teach financial literacy. Animal Crossing, in particular, demonstrates key lessons like avoiding debt, saving for repayments, understanding interest, and navigating a stock market. While challenges remain in terms of accessibility and game design, the
May 6, 2024
By
The Admiral Staff
This article explores unusual insurance policies beyond the standard health, home, and auto coverage. It highlights policies like alien abduction insurance (offered by Lloyd’s of London and St. Lawrence Agency), ghost insurance (formerly offered by Ultraviolet), and body part insurance (popular among celebrities insuring assets like legs, tongues, and voices). It also touches on spaceship insurance and zombie apocalypse insurance, noting that while often marketing gimmicks, they highlight the importance of disaster preparedness. The piece concludes by reminding readers to shop
May 1, 2024
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
April 26, 2024
By
The Admiral Staff
U.S. citizens living in Russia can still receive full Social Security benefits, with payment options including mail or direct deposit. However, benefits may be affected in other countries, and Medicare coverage does not extend outside the U.S. The Social Security Administration periodically verifies eligibility through questionnaires.
April 18, 2024
By
The Admiral Staff
TikTok can be a source of financial advice, but it’s crucial to be discerning. The article advises users to question advice from creators and provides several tips for evaluating credibility, including checking credentials, assessing transparency, watching for excessive product promotion, reading comments, verifying the advice is current, and looking for disclaimers and data-driven insights. Ultimately, the key is to be prudent, consider potential profit motives, and seek creators who offer clear, data-backed guidance to mitigate financial risks.
