Military Saves Blog

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

Tap Into the Power of Powerpay.org

Debt Credit Managing Credit Managing Debt Powerpay.org
Written by Guest Blogger · 07 November 2016

By Lauren Chaplin, AFC® Candidate, FINRA Military Spouse Fellow

When it comes to personal finances, everyone has a favorite tool or system. Whether it be traditional pen and paper, Excel spreadsheet or an app on one’s phone, having some sort of visual to help see goals and the ‘light at the end of the tunnel’ can really motivate individuals to get their finances in gear. 

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Paying Off High-Interest Debt Might Be Your Best “Investment” Strategy

Debt Credit History Credit Cards Investment
Written by Guest Blogger · 31 October 2016

By the Securities and Exchange Commission’s Office of Investor Education and Advocacy

No investment strategy pays off as well as, or with less risk than, eliminating high interest debt.

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Fall into Financial Preparedness & Consumer Identity Protection with These Resources

Emergency Fund Emergency Savings Identity Theft Financial Preparedness Cyber Security
Written by Guest Blogger · 25 October 2016

By Jena Roscoe, SVP, Chief Of Government Relations, Public Policy, Operation HOPE, Inc.

Did you know September was National Preparedness Month and October is National Cyber Security Awareness Month? Throughout these autumn months, Operation HOPE is working with the U.S. DHS FEMA and American Red Cross to promote financial preparedness for U.S. Armed Forces members and their families.

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Military Saves Celebrates National Save for Retirement Week 2016 and You Should, Too!

Retirement Retirement Savings Blended Retirement System National Save for Retirement Week
Written by Alecia Blair · 17 October 2016

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

National Save for Retirement Week is October 16-22. Military Saves is celebrating by highlighting our many retirement resources to help you reach your retirement savings goals and the resources of our partners.

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Points to Ponder Before Taking on Debt

Debt Managing Credit Managing Debt
Written by Guest Blogger · 11 October 2016

By The USAA Educational Foundation

Having debt has become a way of life in America.

According to the Federal Reserve System report on Consumer Credit, total outstanding consumer debt in the U.S. reached a total of $3.64 trillion in July 2016.

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Tip of the Day

  • Written by Tammy G. Bruzon | January 26, 2017

    Get some much needed relief. Apply your #taxrefund to your outstanding #debt >> http://bit.ly/2jap85c @MilitarySaves

Saver Stories View all »

A Plan for Success

Written by Super User | April 26, 2012

I’m Staff Sergeant Robert Zuniga and I have been an active duty Air Force medic for eight years. I plan on staying in long enough so that I can retire at 20 years. I have always been interested in personal finance and would like to share how it IS possible for me and my stay-at-home wife and two kids to not only save and invest a ton of money but also have a lot of responsible fun as well on 'low' enlisted pay. You CAN do it too!

First off, we write down our goals and separate wants from needs.

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One That Almost Got Away

Written by Super User | November 26, 2010

Brody Lockwood - Like a typical fledgling, I started down the track of financial indebtedness. Nineteen years old and nothing to lose. Credit - who need it? Savings - that was for older people with responsibility. Debt - my parents were in debt ergo it must be OK. When I was eligible for reenlistment, I reenlisted for a multiple of 3 worth $15K. I was happy to pay off my debt, but would I be able to stay out of debt?

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Money on the Side

Written by Super User | November 26, 2010

Camp Arifjan, Kuwait -- A colonel in the 1st Theater Sustainment Command has money on his mind.

Army Col. George Fields, the Chief of Intelligence, or G2, has been teaching a free "Managing Your Money" class here in his spare time. More than 400 students have attended his six week-long class to learn more about increasing their own finances.

"All I did was sit down and listen to a guy one day who showed me what he was doing" said the colonel as he explained how he became interested in what he calls, "becoming financially free."

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