Money

no more VA loan limits

No More VA Loan Limits In 2020

Starting on January 1st, 2020, there will be changes to the VA loan limits. Because of the Blue Water Navy Vietnam Veterans Act of 2019, VA loan limits will be eliminated and VA loan fees will rise. This new law was signed into law by President Trump earlier this year. This bill has been a… Read more »

SCRA

SCRA and MLA: How They Can Help You Financially

Have you ever been frustrated about your credit situation? You may have joined the military, hoping to get ahead, but you still have some debt you need to deal with. Did you know there are protections just for active duty military members that can help you financially? Life in the military can be unpredictable, and… Read more »

Military Star Card

Military Star Card: An Overview

The Military Star Card is a popular credit card available for members of the military. Here is what you need to know about this card. What Is The Military Star Card? The Military Star Card is a line of credit exclusive for military personnel and their families. Those that use the card will receive a… Read more »

SGLI

SGLI Servicemembers Group Life Insurance

What is SGLI coverage? SGLI stands for Servicemembers’ Group Life Insurance.  SGLI provides low-cost term life insurance coverage to service members that are eligible. If the service member is eligible, they are automatically issued the maximum in SGLI coverage. They are automatically enrolled and will not have to apply. Service members can however decline the… Read more »

VA Loan Limits

VA Loan Limits 2019

One of the benefits of serving in the US Armed Forces is the ability to get a VA loan in order to buy your own home.  There is no cap on how much you can borrow to finance your home with the VA.  However, there are limits on the amount of liability that the VA… Read more »

Best Ways To Use Your Military Raise

Best Ways To Use Your Military Raise

For 2019, service members will be seeing an increase of 2.6%, up from 2.4% last year the highest military raise since 2010. Over the last ten years, the lowest raise was in 2014 and 2015 at 1% with the highest in 2009, with 3.9%. Military raises don’t ever seem to be enough, but that doesn’t… Read more »

Save money and energy in your military home

11 Ways To Save Money and Energy in Your Military Home

Home is where the heart is or — for service members and their families — home is where the military sends you. For each and every on-post house that you customize and make your own, there are small tweaks and fixes you can employ that will save your military family money. Some duty stations provide… Read more »

Money saving hacks when one parent is in school

Money Saving Hacks To Use When One Parent Is In School

When a service member or spouse decides to go back to school, there usually needs to be changes to the family’s budget. Most likely, there will be a loss of income. Even if all of the educational bills are paid for through the military and financial aid, saving money during the time they are in… Read more »

Money saving hacks for vacation

20 Money Saving Hacks For Your Next Vacation

When you start to plan your next vacation, you may be looking for ways to save money. Traveling expenses can add up, but if you can find ways to save money, you will be able to keep your costs lower than they would otherwise be. Here are 20 money saving hacks for your next vacation:… Read more »