When first joining the military understanding your military pay factors, military benefits that can save you money, and tricks to reduce spending is crucial for financial planning. Understanding your finances from the start and developing a healthy cost-saving mindset can help you throughout your military career. Here’s a quick intro to financial preparation for the military.
Military Gets Free Assistance Finding Child Care The demands of military service pose unique challenges when it comes to raising kids. Covid-19 has added another layer of challenges. Whether your family is preparing for a deployment, resettling after a PCS move, moving your child into new age level of care, or are among the many… Read more »
Blended Retirement: Round 2 On June 23rd, 2020, Senator Patty Murray (D-WA), a senior member of the Senate Veterans’ Affairs Committee, introduced the Re-Open Enrollment for Servicemembers to Opt-In to Updated Retirement Choice for Enduring Security (RESOURCES) Act of 2020, which “would promote financial security for military families by improving financial training,” according to a… Read more »
Taxes are due on April 15, 2021, though if you’re serving in a combat zone, you have additional time to file. Whether you have one month or several before your deadline, taking these steps can help you make sure you don’t overpay.
DTS: Informational Guide The prospect of traveling and seeing the world is one of many allures of service in our nations Armed Forces. Whether if it is changing duty stations, going on a deployment or for official business, such as training or retirement out-processing; travel is a reality for both military members and Department of… Read more »
How Military and Veterans Can Protect Themselves From Scams Scammers are coming out of the woodwork these days, and they’re getting more sophisticated. If you’re in the military, or a veteran, they want to get their hands on your government benefits. According to a recent AARP study, nearly 80% of veterans reported being targeted by… Read more »
Long term planning goes hand in hand with military service. Enlistments and re-enlistments are for years at a time. Military members are always looking to the next inspection, the next physical training test, the next test to rise in rank. Just like some of their civilian counterparts, however, most don’t enjoy planning ahead with money…. Read more »
Set Yourself Up for Financial Success Early in Your Military Career If you are a young or new service member, not only do you have your whole career in front of you, you also have the benefit of having time on your side. It’s important to make smart financial moves now that you’re young, while… Read more »
More than the GI Bill: College Bound, Service Member Financial Tips With a little planning you can stretch the GI Bill into a graduate degree. Here are a few tips that should help you create a five-year plan to get you through one enlistment and in to college. There are tips spanning those looking to… Read more »
Deploying? 3 Tips to Get Your Financial House In Order An overseas deployment rotation is a reality that most service member experience in their careers. However, over the last two decades, there has been an increased requirement of the United States military in areas around the world. In the past, most of this burden would… Read more »
Tips for Military Families to Save Money on Groceries If you are working on your budget, your grocery bill might be one of the best ways to save some money. Here we outlines ways for military families to save on groceries. If you feel your grocery bills are high, maybe you ARE overspending. According to… Read more »
What you pay for housing each month can be one of your most significant expenses. You could feel like you are paying too much or you might be looking for a place to live. Here are a few ideas to help you save money on your housing. Ways To Save Money On Your Housing If… Read more »