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

Military Spouses: This Military Transition Is Yours, Too!

MilitaryTransitions Spending Plan Military Spouses
Written by Alecia Blair · 13 September 2016

By Alecia D. Blair, Military Saves Communications Project Manager, AFC® Candidate, FINRA Foundation Fellow

Whether you have spent four or 24 years following your servicemember around the country and world, don’t forget that your spouse’s separation or retirement from the military is your military transition, too!

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Understanding the BRS Can Give You a Leg Up

Retirement Blended Retirement System
Written by Guest Blogger · 06 September 2016

By FINRA Investor Education Foundation Staff

Today, 81 percent of members leave military service with no retirement benefits. None. But the military retirement system is changing. The Department of Defense (DoD) projects that under the new Blended Retirement System (BRS), which goes into effect in January 2018, 85 percent of service members will separate with portable retirement savings—partly because the BRS will automatically enroll into the Thrift Savings Plan (TSP) all new service members.

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The Great Transition…Isn’t Always So Great

Emergency Fund Emergency Savings MilitaryTransitions
Written by Guest Blogger · 31 August 2016

By Brian Posten, Business Development Officer at Air Force FCU, USAF Senior Master Sergeant (retired)

At age eighteen, I realized I needed a major life change, and I knew hanging around where I grew up wasn’t the answer. So, in 1988, I joined the Air Force. My intention was to do four years and get out.  When my four years were coming to a close, I realized military life was perfect for me.  Adventure, discipline, education, and travel—not to mention, I also received a paycheck!

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Five Tips to Tackle Military Transition Challenges

Financial Planning Savings Military Transitions
Written by Guest Blogger · 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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Tip of the Day

  • Written by Guest Blogger | February 20, 2014

    How to save for a car this Military Saves Week http://ow.ly/sdNN9

Saver Stories View all »

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?

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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.

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On the Right Track to Build Wealth

Written by Super User | April 16, 2013

My name is Robina Wahl, and I am a military wife and a veteran. Although I am fairly new to the Military Saves Campaign, the message to “Build Wealth, Not Debt” reassured me that my husband and I were on the right track and doing the right things.

I have always been pretty responsible when it comes to saving and living within my means, but I was not prepared for the unpredictable employment lifestyle of being a Reservist and military spouse.

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