Military Saves Blog

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

Save with a Plan: Your Future Self Will Thank You

Financial Goals Savings Goals SMART goals FINRA AFCPE Long-term savings goals
Written by Guest Blogger · 25 February 2019

Written by Rachael DeLeon, Association for Financial Counseling & Planning Education® (AFCPE®)

“You pile up enough tomorrows, and you'll find you are left with nothing but a lot of empty yesterdays.” - Meredith Willson

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Five Tax Tips for Service Members and Their Families

Tax Time Saving
Written by Lila Quintiliani · 11 February 2019

by Lila Quintiliani, AFC®, Military Saves Program Manager

  1. Find Out if the New Tax Legislation Affects You

Check and see if you need to take action before you file or whether you may need to file an amended return for a previous year. 

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New Tax Legislation Puts More Money into the Pockets of Many Military Families

Tax Time Saving
Written by Lila Quintiliani · 04 February 2019

by Lila Quintiliani, AFC®, Military Saves Program Manager

There are several new pieces of legislation that may affect military families’ 2018 tax returns. The implementation of the Tax Cuts and Jobs Act, the Veterans Benefits and Transition Act, and the Combat-Injured Veterans Tax Fairness Act will mean that most military families will be paying less in taxes this year. In some instances, though, taxpayers will have to take action in order to see the benefits of the legislation.

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Steps for Dealing with an Unexpected Loss of Income

Income Loss Furlough Shutdown
Written by Lila Quintiliani · 24 January 2019

by Lila Quintiliani, AFC®, Military Saves Program Manager

There are some drops in income that can be predicted (retirement, multiple kids in college) and then there are others that just blindside us (loss of a job, furlough).  In cases like these, even large emergency funds may eventually run out. It’s important, however, to keep a level head and as much control over personal finances as possible given the circumstances.  

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Job Interrupted: A To-Do List for Tough Times

Emergency Savings Income Loss Unemployment
Written by Guest Blogger · 17 January 2019

Originally published by FINRA

Many of us can identify with the plight of the furloughed federal worker. That's because we have experienced economically stressful times at one or more points in our working life—and may again.

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Tip of the Day

  • Written by | September 30, 2014

    Rounding #debt and #mortgage payments up to the nearest $100 will get you out of debt years earlier.

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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Setting a Goal Leads to Success

Written by Super User | May 24, 2019

Growing up, Marisa’s dad had always talked about saving first, but she said she didn’t really internalize it until much later. “I was drifting along with no plan, carrying a little bit of revolving debt, saving some money here and there, but without a real plan for it.”

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When You Start Small, Saving is Easy

Written by Lila Quintiliani | August 12, 2019

When Attiyya first got married, she and her Marine husband had just graduated from college and were focused on paying off student loan debt. They had both attended private schools and had sizeable loans. Then three months after the wedding, the couple found out they were pregnant with their first child.

The first year of their marriage, says Attiyya, was a balancing act between paying down debt and saving for the future.

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