Military Saves Blog

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

How I Tricked Myself Into Saving $500 This Christmas

holidays saving
Written by Guest Blogger · 26 November 2014

By Kathleen O'Malley, Creator, Frugal Portland

Christmas shopping. How does something so predictable hit us over the head, year after year? How is it that every time Thanksgiving rolls around, we’re suddenly hit with the reality of a diminished bank account and a long list of people we love?

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Help Build a Foundation for Your Child’s Money Skills Today

saving childhood
Written by Guest Blogger · 25 November 2014

By the Consumer Financial Protection Bureau

In this series, you can help your kids get on the right financial track—without being a financial expert yourself!

Most adults can trace the development of their financial lives back to childhood. The Consumer Financial Protection Bureau researched more about this topic to determine what the most helpful activities are for children and youth as they learn and grow. This three-article series provides tips for parents of young children, elementary and middle school students, and teenagers and young adults. The first part in this series is for parents with children, ages three to five.

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Look Fabulous at Your Military Ball without Spending a Fortune

Holiday Special Occasion Military Spouse
Written by Guest Blogger · 20 November 2014

By Alecia D. Blair, Military Saves Communications Associate


‘Tis the season for holiday military balls—a chance for you to get dressed up in a formal evening gown or tuxedo (if you’re a male guest) and celebrate time-honored traditions with your service member.

A military ball, however, can be very expensive. The trick is to set a ball budget and try to save ahead for these functions, rather than using a credit card. Depending on the branch and unit, it is common to have one or two military balls a year.

Whether it’s finding affordable attire or, for women, planning to get hair and makeup done, here are some ways to look fabulous at your ball without busting your budget.

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Are You in Debt?

Debt Credit Cards
Written by Guest Blogger · 19 November 2014

The following post comes from the America Saves blog. Follow them on Twitter and Facebook.

By Gail Cunningham, Media Relations, National Foundation for Credit Counseling (NFCC)

People often ask me how they can tell if they’re in debt.  My standard answer is, “If it feels like it, you probably are.” Simply posing the question proves that you’re concerned.

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Active Duty? Your Roth TSP Contributions May Stop Unless You Act

Retirement TSP
Written by Guest Blogger · 18 November 2014

By Abigail C. Reid, Federal Retirement Thrift Investment Board

If you are an active duty member of the Army, Air Force, or Navy making dollar-amount Roth contributions to your TSP account, these deductions will stop on January 31, 2015, unless you act.

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Tip of the Day

  • Written by Katie Bryan | November 27, 2013

    Planning & #saving extra for the #holidays will keep you from incurring #debt http://ow.ly/pXbPl

Saver Stories View all »

One Sailor's Course to Financial Freedom

Written by Super User | November 26, 2010

We all know its not easy to get out of debt once you in over your head. But it can be done with the sound advice and support that the Military Saves program offers. I am a testament to that. I was a recently divorced, single mother. Like many people I had credit card debt, a car loan, bad credit, and a low income job that never seemed to be enough to put food on the table.

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Naval Battalion's Effort Yields Team Success

Written by Super User | November 26, 2010

Construction Battalion Five, DETAIL CHINHAE would like to share our campaign success story with you!

Currently we have 23 members on our Det, (all of whom have registered with militarysaves) and out of them 16 are planning for retirement by saving and investing money in the Federal Thrift Savings Plan.

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60 Teens participate in Massachusetts Youth Saves Program

Written by Super User | November 26, 2010

During the months of June & July, 60 teenagers aged 13-19 from Marine, Coast Guard, Army, and Air Force families attended Youth Saves programs across the Commonwealth of Massachusetts to help increase their knowledge of financial literacy. Jonathan Harrington, Personal Financial Counselor for the MA Guard & Reserve, created the Youth Saves program to fit into the Military Youth Saves (www.militarysaves.org) theme which encourages kids and teens to develop good savings habits at a young age.

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