Military Saves Blog

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

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2017 Military Saves Survey: Unexpected expenses the top savings challenge

Emergency Savings Retirement Credit Unions Military Saves Pledge Retirement Savings Military Banks
Written by Lani Poblete · 12 October 2017

Military Saves recently released the results of its 2017 Military Saves Saver Survey, which details the savings goals and challenges of Military Savers. The survey revealed that unexpected expenses are the top savings challenge for Military Savers (45 percent), followed by others depending on their income (30 percent). Retirement came in as the top savings goal (23 percent), followed by debt repayment (22 percent).

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It's Mission Critical to Create a Financial Plan For Your Future

Savings Tips Personal Finance Retirement Savings Blended Retirement System
Written by Guest Blogger · 03 October 2017

By the U.S. Securities and Exchange Commission’s Office of Investor Education and Advocacy 

It’s mission critical to create a financial plan for your future. If you haven’t done so already, it’s a perfect time to get started since this week (October 2-8, 2017) is World Investor Week. This global effort, promoted by the International Organization of Securities Commissions to raise awareness of the importance of investor education and protection, marks the first time securities regulators on six continents will join together to highlight what it means to be a smart investor, as well as ways to avoid fraud. A key best practice promoted by World Investor Week is to plan for and invest according to your future needs and goals. One of the most important goals you can plan for is your retirement.

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Affected by the recent natural disasters? These resources can help.

Emergency Fund Emergency Savings
Written by Lani Poblete · 29 September 2017

If you are a military service member or veteran affected by recent natural disasters, you are undoubtedly facing unexpected emotional, physical and financial stress. But know that there are many emergency financial resources available specifically to you—our nation's service members and veterans.

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Do you know how your credit score is calculated?

Debt Credit History Credit Score Managing Debt
Written by Lani Poblete · 28 September 2017

According to a recent survey from Consumer Federation of America (CFA) and VantageScore Solutions, LLC, more than 40 percent of respondents incorrectly thought a person’s age is among factors used to calculate a credit score. And only 18 percent understood that a low credit score on a typical auto loan would increase loan charges by more than $5,000.

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Tip of the Day

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

    Pledge or re-pledge to save with @MilitarySaves! Receive goal-based savings tips and advice. http://bit.ly/2h3qZYO #MSW2017

Saver Stories View all »

Savers Pledge Leads to Savings Success

Written by Super User | October 13, 2011

My name is Rob and I am a Staff Sergeant in the Marine Corps Reserve. My financial success is a huge result of the Military Saves Campaign.

My journey began five years ago after marrying my wife, Lisa. We entered our marriage with no savings plan in sight, carrying debt and living in a tiny apartment. After seeing an advertisement for Military Saves, we decided to grab the reigns of our finances and implement a positive financial plan.

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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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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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