Military Saves Blog

Blog

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

Man in army uniform smiling and holding laptop

Your Five-Step Blended Retirement System Checklist to Success

Retirement Financial Planning Blended Retirement System
Written by Alecia Blair · 19 September 2017

By Alecia D. Blair, Military Saves Communications Strategist & Outreach Manager, AFC® Candidate, FINRA Foundation Fellow, and Lani Poblete, Military Saves Project Manager

The new Blended Retirement System (BRS) is coming in January 2018! If you're feeling a little overwhelmed or unsure about the BRS, that's okay. It's natural. Deciding whether the BRS is right for you is a big financial one-size-does-not-fit-all decision that has big implications on your military retirement.

Read more ...

30 Days of Savings Challenge logo

Join the 30 Days of Savings Challenge this September

Savings Goals 30 days of savings
Written by Lani Poblete · 28 August 2017

By Lani Poblete, Military Saves Project Manager

This September, join the Military Families Learning Network's (MFLN) Personal Finance team in making small deposits that add up to $100 in just 30 days!

Read more ...

budgeting tools, calculator, tax forms all piled up

The Building Blocks of Excellent Credit

Debt Credit History Credit Score
Written by Guest Blogger · 08 August 2017

By Martin A. Smith, CRPC®, AIFA®, President of Wealthcare Financial Group, Inc.

Do you want to build excellent credit? If you are shopping for a mortgage or car loan or a credit card, simply paying your debts on time is not the only requirement to building excellent credit. Here are some other considerations:

Read more ...

Couple receiving financial counseling from an older woman with short white hair and glasses

The Military's Best Kept Secret

Debt Military Saves Savings Tips Retirement Military Life
Written by Guest Blogger · 02 August 2017

Written by Rachael DeLeon, Communications Director at the Association for Financial Counseling and Planning Education (AFCPE)

Regardless of your military branch, your rank, or even your age, personal financial issues will touch your life at some point in your military career. Which is why there is no better time than now to get to know your installation’s financial readiness professionals – often known as Personal Financial Counselors (PFCs) and Personal Financial Managers (PFMs).

Read more ...

Woman with long brown hair tied back with a minney mouse bow, taking picture of Disney castle

How to Do Walt Disney World on a Budget

Military Saves Savings Tips Summer Savings Family Finances
Written by Alecia Blair · 27 July 2017

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

Think that a Walt Disney World Resort vacation is not in the budget for you and your family? Think again!  

Read more ...

Tip of the Day

  • Written by Tammy G. Bruzon | February 3, 2017

    Have 5 minutes? Test your #credit knowledge! Take the quiz at creditscorequiz.org: http://bit.ly/2h3stlG @MilitarySaves #MSW2017

Saver Stories View all »

Making Savings a Part of Marriage

Written by Super User | November 26, 2010

Capt. Rob Eckhardt is the first to admit that he hasn’t always been responsible with money. But less than 10 years after a rocky start to saving, Eckhardt reports that he and his wife are free from credit card debt, have a down payment on a home, and are saving regularly for retirement. And, as the Military Saves representative for his Air Force squadron, he’s helping others make similar progress.

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...

A Plan for Success

Written by Super User | April 26, 2012

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!

First off, we write down our goals and separate wants from needs.

Read more...