Military Saves Blog

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

Meet the 2017 Recipients of the America Saves Designation of Savings Excellence

Military Saves Week Military Banks Financial Institution Awards Military Credit Unions Designation of Savings Excellence
Written by Lani Poblete · 06 June 2017

Today, 32 banks and credits unions were awarded the America Saves Designation of Savings Excellence and eight financial institutions received honorable mentions.

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Five Money Moves to Make By Your First Duty Station

Debt Credit History Military Millennials Managing Credit Savings Goals
Written by Alecia Blair · 30 May 2017

By Alecia D. Blair, Military Saves Communications & Outreach Manager, AFC® Candidate, FINRA Foundation Fellow

As a new recruit after basic training, there's a lot to learn about your branch of the military, job or MOS (military occupation specialty), and first duty station. How well (and how quickly) you learn these skills can impact your military career.

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New Partner Packet on Military Millennials, Managing Debt/Credit

Written by Alecia Blair · 25 May 2017

Here are some numbers that might surprise you: Millennials now make up the largest generation—83.1 million "Generation Y" 18 to 34-year-olds are entering the workforce and joining our armed services. And millennials—21 to 34-year-olds—hold an estimated $1.1 trillion of the country's $3.6 trillion in consumer debt.

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Deploying? Review Your Finances

Emergency Fund Deployment Deployment Savings Deployment Finances
Written by Guest Blogger · 15 May 2017

By the USAA Educational Foundation

Deployment: It’s a basic fact of military life. It’s also one of the most challenging situations a military family can face. Lives and living situations change. Family routines are interrupted. Finances may be altered.

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The Tale of Two Rentals: How to compare your rental options during a PCS

PCS PCS Moves Renting BAH
Written by Guest Blogger · 03 May 2017

By Corrinne McKenna, AFC®

I’m often asked by my military clients, “should I buy or rent a home?” In many cases, renting is the best option due to inadequate savings funds to handle unforeseen home repairs, uncertainty about how long the home will be occupied and unwillingness to become a landlord or sell the home at a loss if a sudden PCS causes the service member to relocate.

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Tip of the Day

  • Written by Tammy G. Bruzon | January 26, 2017

    You could win $25,000 for saving $50 of your tax refund with @SaveYourRefund: http://bit.ly/2i8VJvC @MilitarySaves

Saver Stories View all »

Building Wealth by Setting Goals

Written by Super User | April 24, 2013

My name is Allison Mecadon and I’m a Youth Coordinator with the Virginia National Guard Youth Program. My husband, Tom, is an M-Day Army National Guard Member (an M-Day member is one who performs weekend drill, but is not on full-time duty).

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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.

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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.

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