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

Emergency Fund - Budgeting for the Unexpected

Emergency Fund Emergency Savings
Written by Guest Blogger · 20 April 2012

By Andia Dinesen, AFC ®
Military Saves Coordinator

Nearing the end of a long month… the 15th has passed and then there are still two more weekends until payday.How did this happen, how am I running out of money already?

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TSP Rolls out Roth in May

Written by Super User · 18 April 2012

by Miriam Darden Settles, CFP®
Federal Retirement Thrift Investment Board

Roth:  What’s it all about?

Simply put, Roth is all about options when it comes to the tax treatment of your TSP savings.  If you decide to make a Roth TSP contribution, the amount that you contribute comes out of your pay after-tax rather than before-tax as it does now.  That means that when you take withdrawals from your Roth balance, your Roth contributions come out tax-free because you’ve already paid the tax on them.  Not only that, but the earnings on those contributions are also tax-free provided you meet two basic Internal Revenue Service (IRS) requirements.*

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Tip of the Day

  • Written by Guest Blogger | February 26, 2014

    #Save automatically using an allotment with #myPay to automatically transfer funds monthly into a #savings account http://ow.ly/sGWxb

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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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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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.

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