Military Saves Blog

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

Combat Changes in Your Paycheck with Battle-Hardened Transition and Emergency Funds

Emergency Fund Emergency Savings Deployment Military Life PCS Moves TDY
Written by Alecia Blair · 25 April 2017

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

Permanent change of station (PCS) moves, temporary duty (TDY), deployment—all of these major changes are a constant in military life. While a military paycheck is predictable twice a month, these life changes bring significant income volatility and increases or decreases in expenses, which can make your budget a moving target. Here are five solutions to help meet these challenges.

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Military Life – PCS for Homeowners

Credit Score Homeownership PCS Moves Foreclosure
Written by Guest Blogger · 18 April 2017

By: FINRA Investor Education Foundation Staff

Although the housing markets have largely recovered from the real estate bust of nearly a decade ago, a Permanent Change of Station (PCS) can still create a hardship for military homeowners who may be underwater on their mortgages (i.e., owe more on their house than they can sell it for). Homeowners who receive PCS orders and believe they may be underwater on their home should ask themselves these questions before trying to sell their homes:  

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There's Still Time to Apply for the 2017 Designation of Savings Excellence

Military Saves Week Military Banks America Saves Designation of Savings Excellence Military Credit Unions
Written by Alecia Blair · 06 April 2017

Calling all military banks and credit unions! The application deadline for the America Saves Designation of Savings Excellence has been extended to Monday, April 17 to give applicants more time to collect March activities and reports.  

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Get SMART about Your Tax Refund This Year

Tax Time Saving Tax Credits Tax Refund Taxes SMART goals
Written by Guest Blogger · 28 March 2017

By Lauren Chaplin, AFC® Candidate, FINRA Foundation Fellow

Tax Day (April 18) is just weeks away. If you’re getting a tax refund—due to overpaying in taxes, refundable tax credits, or perhaps a deployment in 2016—setting SMART goals for your money will help you make the most out of the cash back.

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Thank You For Helping Make Military Saves Week 2017 a Success!

Military Saves Week #MSW017
Written by Alecia Blair · 13 March 2017

Military Saves Week 2017 (#MSW 2017), Feb. 27-March 4, kicked off the Military Saves campaign year with many exciting events and activities on or near military installations around the world. Thank you to all of the organizations and Military Savers who participated. Thanks, in part, to you, Military Saves Week shined the spotlight on the importance of personal savings.

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Tip of the Day

  • Written by Tammy G. Bruzon | February 3, 2017

    Mid-career and no retirement savings? There's still time! Start your #TSP today. http://bit.ly/2kgapHa via @MilitarySaves #MSW2017

Saver Stories View all »

Regular Savings is the Key to Success

Written by Super User | November 26, 2010

My name is Chris Strong. I joined the Air Force on 25 March, 1985. On that day, my financial life changed forever. I was introduced to saving bonds in Basic Training. Savings bonds were the big thing back then just like the Thrift Savings Plan is today. A Colonel gave us a briefing. I cannot remember his name but I can remember the 100 savings bonds he had posted to a piece of card board. He gave us a speech on the importance of saving money and how it can change your life. He inspired me to save.

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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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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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