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

5 Things to Ask Yourself Before You Spend Your Stimulus Check

Written by Lila Quintiliani · 16 April 2020

 

For years, Military Saves has been advocating that savers should have a plan for their money. The stimulus check (technically called the Economic Impact Payment) that many Americans are receiving right now is no different. But these are turbulent times, and we are in uncharted waters. Before you make any decisions about spending, you should consider these points.

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Have You Lost Income Because of the Coronavirus? Five Things You Can Do Right Now to Reduce Your Expenses

Written by Lila Quintiliani · 08 April 2020

Even though service members still have a steady paycheck, military families may have experienced loss of income or increased expenses due to the halt on permanent change of station moves and quarantine requirements. Here are some things you can do if you have lost income because of the current pandemic.

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Tip of the Day

  • Written by Guest Blogger | March 13, 2014

    Start an emergency fund by saving $10/week or $40/month to save $500 by the end of the year http://ow.ly/rswS2

Saver Stories View all »

How Smart Financial Decisions Can Create Opportunities 

Written by | November 22, 2019

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.

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Building a Six-Figure Savings While Enjoying Life

Written by Jackie Toops | November 13, 2020

Does the idea of saving up hundreds of thousands of dollars seem impossible? How about doing it while still living an enjoyable lifestyle?

For military spouse Martina and her husband, an E-5 in the Navy, accumulating a six-figure savings has become a reality. One might think that in order to save this much, it would take a great deal of sacrificing and forgoing a certain quality of life, but Martina and her husband would disagree. “Over the past few years (about five), we've managed to save almost $120,000 while mostly living on one income. We've learned so much about easy ways to save money and live a good life,” shares Martina.

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Living the Dream: This Military Couple Retired Early

Written by Jackie Toops | March 18, 2021

“Continuous dedication to financial peace pays off,” shares military couple, Denise and Jim. They would know, because at ages 52 and 53, they are already retired. The couple enjoyed life as an Army family for 32 and a half years and started planning for retirement decades ago. Denise shares, “We are not working a paid job, but are volunteering and meeting some personal fitness goals and enjoying some time together after many years spent geographically apart. It can be done!”

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