Recent Articles

Blog

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

Cheap Thrills... Finding Fun Things to Do for Little or No Dough

Summer Savings
Written by · 23 May 2012

by Lila Quintiliani, AFC®

Military Saves Assistant Coordinator

My husband and I were just discussing how when we were younger and more foolish, we somehow managed to spend our weekends frittering away money on movies, restaurants, bars and coffee shops.  Fast forward and we have two kids, a mortgage and are trying to save for retirement and college at the same time.  Our “B.K.” (Before Kids) lifestyle has gone the way of the dinosaurs, and now I’m always looking for something that we can do that isn’t going to break the budget.

Fortunately for us, there are quite a few options out there for military folks to have some inexpensive fun, and this past week, the National Parks Service upped the ante by announcing that service members and their dependents can get a free military pass that allows entrance to not only national parks, but also sites managed by the U.S. Fish & Wildlife Service, the Bureau of Land Management, the Bureau of Reclamation and the U.S. Forest Service.

Read more ...

Credit Score Quiz. Will You Pass?

Credit Score Credit Report
Written by Super User · 18 May 2012

Credit Score Quiz.  Will you pass?

By Andia Dinesen, AFC ®
Military Saves Coordinator

I had always considered myself fairly well-versed in financial matters, however when I began working toward my certification as a financial counselor two years ago, I really began to realize what I didn’t know.  Credit score and credit history were two areas that, I have to admit, I really didn’t understand.  I suppose I understood the basics.  I knew that if I missed a payment on a loan or had a huge amount of debt that it definitely affected my score; knowing more than that really didn’t seem to matter (at the time).  Then I learned more; and now I wish I knew long ago that it really does matter.  That is, if you like paying thousands of dollars less for a car, a home, and insurance.  Or if you want to have an easier time getting a job, renting an apartment or hooking up your utilities.  That is what I love about www.CreditScoreQuiz.org.  I wish I could go back in time and take the Quiz two years ago and compare my scores.  Today, I rocked it. Okay, to be honest I still missed two questions, which only proves I have more to learn!

Read more ...

Tip of the Day

  • Written by Guest Blogger | September 30, 2014

    Participate in the Thrift Savings Plan (TSP) - a retirement savings and investment plan for Federal employees and members of the Uniformed Services. It offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. More info at tsp.gov

Saver Stories View all »

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.

Read more...

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?

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...