Military Saves Blog

Blog

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

Planting Roots after a Military Retirement: Five Factors to Consider Now

Retirement
Written by Guest Blogger · 18 September 2014

By Alecia D. Blair

 

It’s often easier to focus on bills, budgets and balances in the here and now. For many, saving for retirement is a challenge because it seems like something for the distant future. However, the best time to think about retirement is today—whatever your age!

Read more...

Pay Off Debt or Save for Retirement?

Debt Retirement
Written by Super User · 17 September 2014

Pay Off Debt or Save for Retirement?

The following post was originally published on May 7, 2013 on the America Saves Blog.

By Barb Miller, Bankruptcy Specialist at LSS Financial Counseling

Wow … what a loaded question! We always hear how crucial it is to get rid of toxic debt, especially credit cards with double digit interest rates. Therefore, people generally assume that paying off debt rather than investing for retirement is the correct answer. In my opinion, this is not really an either/or proposition. The best approach?  Do both!

Read more...

Dig Your Way Out of Debt

Debt Interest rate Snowball effect
Written by Guest Blogger · 16 September 2014

Dig Your Way Out of Debt

By Meghan Northcutt, AFC ® Candidate, FINRA Military Spouse Fellow

Last year, the Army Times reported 41 percent of Servicemembers had student loans compared to their civilian peers at 34 percent. Troops were also more likely than their civilian peers to have a home loan, car loan, and credit card balance.  Military members looking at debt tend to look for ways to pay debt off more quickly in order to save money over time.

Read more...

The Basics of Active Duty Retirement

Retirement
Written by Laura Roler · 11 September 2014

The Basics of Active Duty Retirement

By Laura Roler, Military Saves Associate, AFC® Candidate, FINRA Military Spouse Fellow

If you’ve committed to a military career, you’ve earned some life-long benefits.

Read more...

New Partner Resource Packet: Saving for Retirement

Retirement Savings Partner Packet
Written by Laura Roler · 11 September 2014

Join us this fall as we discuss saving for retirement!

Read more...

Tip of the Day

Saver Stories View all »

A Plan for Success

Written by Super User | April 26, 2012

SSGT Zuniga

I’m Staff Sergeant Robert Zuniga and I have been an active duty Air Force medic for eight years. I plan on staying in long enough so that I can retire at 20 years. I have always been interested in personal finance and would like to share how it IS possible for me and my stay-at-home wife and two kids to not only save and invest a ton of money but also have a lot of responsible fun as well on 'low' enlisted pay. You CAN do it too!

Read more...

One That Almost Got Away

Written by Super User | November 26, 2010

Brody Lockwood - Like a typical fledgling, I started down the track of financial indebtedness. Nineteen years old and nothing to lose. Credit - who need it? Savings - that was for older people with responsibility. Debt - my parents were in debt ergo it must be OK. When I was eligible for reenlistment, I reenlisted for a multiple of 3 worth $15K. I was happy to pay off my debt, but would I be able to stay out of debt?

Read more...

A Disciplined Approach to Saving

Written by Super User | November 26, 2010

I just recently retired after 30 years of service with the Marine Corps. I truly enjoyed my time serving the Corps and I flourished in the disciplined environment. I also took a disciplined approach to saving. Here are some of the tactics I used-they are very low to moderate risk.

Read more...