Military Saves Blog

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

How to Maximize Your Tax Refund in 2019

Tax Time Saving Tax Return Tax Credits Tax Refund Tax Planning Taxes
Written by Guest Blogger · 11 March 2019

by Lendup

If you are a typical working American with a full-time job, then taxes are most likely your biggest expense.  In fact, in 2017, American taxpayers paid over a trillion dollars in state and local taxes and over $3 trillion in federal taxes!

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Tips on Where to Keep Your Emergency Savings

Emergency Fund Emergency Savings
Written by Lila Quintiliani · 05 March 2019

Last week life threw me one of those proverbial curveballs that always seem to happen at the absolute worst time: my beloved corgi puppy was diagnosed with a congenital liver defect that required immediate surgery on both her liver and bladder. She’s like a child to me - how could I possibly say no? Although we do have pet insurance, it only pays for a portion of the procedure, and I had to pay a percentage up front. Fortunately, we have an emergency fund for contingencies like this. And thankfully we kept the fund in the right place.

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#MSW19 Savings Theme: Save the extra

Tax Time Saving MSW MSW19
Written by Tammy G. Bruzon · 01 March 2019

Did you know you’re more likely to save a windfall than a small amount consistently over time? Hack that psychology by saving your bonuses, raises, and tax refunds.

This tax season, get ahead of your financial goals by depositing at least $50 of your refund into a savings account. If you do, you’ll also be eligible to win one of over 100 prizes up to $10,000 by entering SaveYourRefund!

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Take the ‘Save the Extra’ Military Family Challenge

Written by Guest Blogger · 01 March 2019

By Andia Dinesen, AFC ®, EVP Communications and Operations, Association of Military Banks of America

This Military Saves Week, take the Save The Extra challenge. Military life, your benefits, pay, raises, promotions, deployments, duties, special pay, etc. can provide a military family many opportunities to “save the extra” money that may find its way to you. There are many strategies to help you save more effectively and using the tips below may help you reach your saving goals much faster when you challenge yourself to Save The Extra! Take the Military Saves Pledge as your first step.

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Save to retire

Retirement Military Saves Week Retirement Savings MSW MSW19
Written by Guest Blogger · 28 February 2019

By FINRA Investor Education Foundation

Time for a Military Saves Week pep talk. YOU CAN DO IT! I’m talking about saving meaningful money toward your retirement.

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Tip of the Day

  • Written by Guest Blogger | June 17, 2014

    Teach your #kids about finance - start with the #Money as you Grow program >> http://moneyasyougrow.org

Saver Stories View all »

Airman Succeeds Through Dedication to Building Wealth Not Debt

Written by Super User | October 13, 2011

I came into the Air Force at 23 years old in 1993 with about 12 outstanding bills (hospital bills, car loan, car insurance, school loans, credit cards, etc.). You name it, I had the bill. Thanks to the Family Support Center, Dave Ramsey's Financial Peace University, and many other sources, I now have no outstanding bills.

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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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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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