By Alecia D. Blair, Military Saves Communications Strategist & Outreach Manager, AFC® Candidate, FINRA Foundation Fellow
Permanent change of station (PCS) moves, temporary duty (TDY), deployment—all of these major changes are a constant in military life. While a military paycheck is predictable twice a month, these life changes bring significant income volatility and increases or decreases in expenses, which can make your budget a moving target. Here are five solutions to help meet these challenges.
By: FINRA Investor Education Foundation Staff
Although the housing markets have largely recovered from the real estate bust of nearly a decade ago, a Permanent Change of Station (PCS) can still create a hardship for military homeowners who may be underwater on their mortgages (i.e., owe more on their house than they can sell it for). Homeowners who receive PCS orders and believe they may be underwater on their home should ask themselves these questions before trying to sell their homes:
Calling all military banks and credit unions! The application deadline for the America Saves Designation of Savings Excellence has been extended to Monday, April 17 to give applicants more time to collect March activities and reports.
By Lauren Chaplin, AFC® Candidate, FINRA Foundation Fellow
Tax Day (April 18) is just weeks away. If you’re getting a tax refund—due to overpaying in taxes, refundable tax credits, or perhaps a deployment in 2016—setting SMART goals for your money will help you make the most out of the cash back.