Military Saves Blog
Tips, advice, and the latest news from the savings world.
by Lila Quintiliani, AFC®
Service members and their families can save on college and education expenses by taking advantage of available military benefits. But it is not always easy to keep up with the vast amount f information on the topic. Here is an overview of some of the resources out there:
July is Military Consumer Month, a good time to draw attention to the scammers that target service members and their families.
The email looked very official -- it featured the red, white, and blue Bank of America logo and claimed to detect suspicious activity on Stephanie Talcott’s debit card. In small print at the bottom of the email, it stated that the bank might ask for information like PIN number, account number, or Social Security number.
Summer is here and whether you are road tripping, flying overseas, or simply having a staycation, it can be tough to save money when you’re in vacation mode and the kids (or adults!) have time on their hands.
We’ve asked several bloggers to share their summer savings tips.
Do you really understand your credit score? A recent survey by Consumer Federation of America (our parent organization) and VantageScore Solutions suggests that most people think they know more than they do. The 9th annual survey showed that while more consumers (55%) had recently checked their credit scores than in past years, fundamental knowledge of credit scoring went down by 10-20% since the first survey in 2012.
The Consumer Financial Protection Bureau (CFPB) recently expanded its Misadventures in Money Management (MIMM.gov) financial education tool to all active-duty service members, including those in the Reserve or the National Guard.