Military Saves Blog

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

Why Military Spouses Should Get Ready for Retirement, Too

Retirement Survivor Benefits Military Spouse
Written by Super User · 22 May 2019

by Lila Quintiliani, AFC®
Military Saves Program Manager

A recent study by the Transamerica Center for Retirement Studies highlights some sobering facts about women and retirement.  While women generally live longer than men, the average woman only has $34,000 in retirement savings, and most women don't have a backup plan for retirement. 

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Financial Tips for Your Next PCS Move

PCS Personal Finance PCS Moves
Written by Guest Blogger · 17 May 2019

Military families move all the time, but to prepare for a life of moves, you need to know what to expect both before and after a move. That means asking a lot of questions and doing some research. Know the costs involved, make a PCS (Permanent Change of Station) plan, and set aside funds specifically ear-marked as a PCS fund.

The following tips can help you plan financially for your next move.

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Military Spouses and Moving

PCS PCS Moves Unemployment
Written by Guest Blogger · 10 May 2019

The loss of a military spouse's employment is frequently part of the PCS (Permanent Change of Station) reality. Many military spouses report that they lose significant family income when moving from state to state. Finding a job in a new state can be a challenge, especially if there are state-specific licensing and certification requirements. Fortunately, there are a few resources out there for spouses who are moving.

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PCS Costs and How to Manage Them

PCS Personal Finance PCS Moves
Written by Guest Blogger · 07 May 2019

by Kellie Artis

PCSing is a fact of military life and can often be an exhilarating adventure for service members and their families. I mean, you joined to see the world, right? However, being unprepared for a move can be costly and stressful and can actually cause you to dread a relocation every few years.

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How to Save Money When You Move with the Military

PCS Personal Finance PCS Moves
Written by · 26 April 2019

Military moves are expensive. Whether it’s buying all new condiments for your pantry, paying for a “move out” housecleaning, or eating out more often while waiting for your pots and pans to be delivered, the bills seem to pile up. Military Saves reached out to bloggers who also happen to be PCS pros to ask for tips for keeping PCS costs down.

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Tip of the Day

  • Written by Guest Blogger | March 26, 2014

    Need #savings tips? Check out these 54 savings tips & boost the amount of #money you can #save http://ow.ly/sfsPP

Saver Stories View all »

Involving Kids in Family Finances

Written by | April 19, 2019

 

One of the best lessons we can share with our kids is about money. By middle school, kids should have a good understanding of how money works as well as the importance of saving.

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One Sailor's Course to Financial Freedom

Written by Super User | November 26, 2010

We all know its not easy to get out of debt once you in over your head. But it can be done with the sound advice and support that the Military Saves program offers. I am a testament to that. I was a recently divorced, single mother. Like many people I had credit card debt, a car loan, bad credit, and a low income job that never seemed to be enough to put food on the table.

Then I decided I'd had enough of living paycheck to paycheck and worrying about money all the time.

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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?

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