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March 24, 2024
By
The Admiral Staff
The article addresses the concern of many Americans having less than $25,000 saved for retirement. It offers six actionable strategies to boost retirement savings, emphasizing that they can be started quickly. These include investing in companies like Amazon and Google through apps like Stash (with a $5 bonus), securing life insurance with Bestow, investing in real estate with Fundrise (starting with $10), earning free stock with Robinhood (up to $200), getting paid to watch
February 19, 2024
By
The Admiral Staff
The article explores the possibility of turning a hobby of photographing pets into a profitable business. It highlights the growing demand for pet portraits, fueled by the emotional connection people have with animals. To get started, aspiring pet photographers need a DSLR camera, a prime lens, a reflector, and backup equipment. Key skills involve understanding animal behavior, working with assistants, and building rapport with both pets and their owners. While expenses like equipment, insurance, and marketing can be significant, successful pet photographers can earn substantial income
January 8, 2024
By
The Admiral Staff
The letter addresses a reader struggling with old credit card debt and wondering about the consequences of stopping payments on closed accounts. The key takeaway is that while debt collectors can’t sue you after the statute of limitations (typically 3-10 years, varying by state) has passed, they can still report the debt to credit bureaus and contact you. Making payments resets the statute of limitations. While non-payment carries risks like potential lawsuits, negative credit reporting, and accruing interest, the author suggests it
December 7, 2023
By
The Admiral Staff
Several young professionals are finding success by offering coaching services related to their expertise, such as freelance writing, social media for nonprofits, and pitching to media outlets. These coaches often transitioned into this role after receiving numerous requests for advice related to their work. Key strategies for success include streamlining advice into accessible formats like podcasts, e-books, and online courses, diversifying revenue streams (e.g., audits, webinars, speaking engagements), and carefully pricing services to reflect the time and effort involved. Initial rates were
November 30, 2023
By
The Admiral Staff
The article explores the possibility of turning a hobby of photographing pets into a profitable business. It highlights the growing demand for pet portraits, fueled by the emotional connection people have with animals. To get started, aspiring pet photographers need a DSLR camera, a prime lens, a reflector, and backup equipment. Key skills involve understanding animal behavior, working with assistants, and building rapport with both pets and their owners. While expenses like equipment, insurance, and marketing can be significant, successful pet photographers can earn substantial income
