Military Saves Blog

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

Your Uniformed Services TSP Account: A Sweet Deal That Just Got Sweeter

Written by · 02 October 2019

Written by Cloud Spurlock, Federal Retirement Thrift Investment Board | October 2, 2019

When we talk about retirement planning, we tend to focus on the time we spend accumulating savings during our working years. It’s equally important to keep an eye on how you’ll access and spend your savings when you become eligible. Here’s some great news for participants in the Thrift Savings Plan (TSP): the TSP just rolled out big changes that offer flexible withdrawal options to all accounts.

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Tips for Getting Out of Debt

Written by Lila Quintiliani · 18 September 2019

Getting out of debt is not quick nor is it easy, but with persistence and dedication it can be accomplished, and can bring peace of mind and financial stability.

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Saving During Student Loan Repayment

Written by Benjamin Moss · 09 August 2019

Written by Assistant Director, USFSCO - University of Illinois Saves | August 9, 2019

Over 44 million people hold $1.56 trillion in student loan debt. 11.4% of those borrowers are in delinquency or default

Forbes also outlined many more statistics about student loan debt in February 2019.

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Saving for College

Written by Guest Blogger · 09 August 2019

Written by Kate Horrell | August 6, 2019

The college application season is getting into full swing, and high school seniors and their parents are starting to think seriously about college expenses and how they are going to pay for them. It’s a busy, confusing, and emotional process, but it is important that you take the time to sit down and figure out how much you can really afford, and where the money is going to come from. And then talk, a lot.

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Education Benefits for Service Members and their Families

Written by Lila Quintiliani · 06 August 2019

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: 

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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 »

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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Living the Dream: This Military Couple Retired Early

Written by Jackie Toops | March 18, 2021

“Continuous dedication to financial peace pays off,” shares military couple, Denise and Jim. They would know, because at ages 52 and 53, they are already retired. The couple enjoyed life as an Army family for 32 and a half years and started planning for retirement decades ago. Denise shares, “We are not working a paid job, but are volunteering and meeting some personal fitness goals and enjoying some time together after many years spent geographically apart. It can be done!”

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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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