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Tips, advice, and the latest news from the savings world.

Five Tips to Tackle Military Transition Challenges

Financial Planning Savings Military Transitions
Written by Alecia Blair · 23 August 2016

By Forrest Baumhover, EA, Westchase Financial Planning, Principle

Your military transition will be one of the most challenging events in your life. Whether you’re separating after your first enlistment or retiring after a 30-year career, there will be obstacles. Here are five things you can do to ensure you’re properly prepared for your transition.

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Five Ways to Save While Back-to-School Shopping

Savings Tips Education
Written by Guest Blogger · 18 August 2016

By Madeline Daniels, America Saves Digital Communications Manager

Families sending children back to school in the fall plan to spend a record $917 per child, according to a new Rubicon survey. So why the high price tag? It turns out over a third of families’ budgets are expected to go to technology.

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A Military Transition “SMEAC“ Approach (5 Paragraph Field Order)

Financial Planning MilitaryTransitions Managing Debt
Written by Letty Stevens · 09 August 2016

By Letty Stevens, AFC®, Military Saves Project Manager

S: Situation

M: Mission

E: Execution

A: Administration and Logistics

C: Command and Signal

Situation: Transitioning out of the military needs to be well-planned and executed. No matter your rank, occupational specialty or training, the process is not an easy one and it is not intuitive. You must have goals. One key goal is for you to be both financially and mentally prepared for the transition into civilian culture.

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Millennials--What the 2015 National Financial Capability Study Reveals

Military Millennials Financial Capability Study Millennials
Written by Guest Blogger · 04 August 2016

By FINRA Investor Education Foundation Staff

Millennials are the largest cohort in the U.S. workplace today. While millennials make up about 33 percent of the work force in the U.S., they constitute three-quarters of the service men and women in the military. Understanding the financial capability of millennials is an important step toward understanding the financial capability of the military in general.  

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New Military Transition Partner Packet Available!

MilitaryTransitions partner resource packet
Written by Alecia Blair · 02 August 2016

Military Saves’ mission is to promote the importance of savings and to encourage servicemembers and their families to take financial action. Over the next six weeks, our campaign will be focused on the big transition: leaving the military.

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Tip of the Day

  • Written by Guest Blogger | March 7, 2014

    Make sure your financial advisor’s title is accredited, and that the he/she is qualified through a training program that holds its members to strict ethical standards.

Saver Stories View all »

Regular Savings is the Key to Success

Written by Super User | November 26, 2010

My name is Chris Strong. I joined the Air Force on 25 March, 1985. On that day, my financial life changed forever. I was introduced to saving bonds in Basic Training. Savings bonds were the big thing back then just like the Thrift Savings Plan is today. A Colonel gave us a briefing. I cannot remember his name but I can remember the 100 savings bonds he had posted to a piece of card board. He gave us a speech on the importance of saving money and how it can change your life. He inspired me to save.

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Airman Succeeds Through Dedication to Building Wealth Not Debt

Written by Super User | October 13, 2011

I came into the Air Force at 23 years old in 1993 with about 12 outstanding bills (hospital bills, car loan, car insurance, school loans, credit cards, etc.). You name it, I had the bill. Thanks to the Family Support Center, Dave Ramsey's Financial Peace University, and many other sources, I now have no outstanding bills.

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Meet Wacinque BeMende

Written by Super User | November 26, 2010

Meet Wacinque BeMende. He’s so passionate about encouraging savings and promoting financial literacy, he’s established his own Kid’s Savings Program. Wacinque donated $15,000 to the Community Action of Laramie County in Cheyenne Wyoming to begin the Wacinque “ Rhino” Fund Endowment to help kids open savings accounts.

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