Military Saves Blog

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

Watch the Military Saves Week 2019 Video

Military Saves Week MSW MSW19
Written by Tammy G. Bruzon · 14 January 2019

Just in time for Military Saves Week 2019, this video is encouraging service members and their families to focus on their savings and financial readiness.

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5 Holiday Mistakes That Could Cost You

Holiday holiday spending holiday savings
Written by Darlene Aderoju · 30 November 2018

The holidays are just around the corner, which means it’s time to enjoy vacations, catch up with family and friends, and eat great food. While the holidays are about quality time and making memories, it’s easy to get caught up with spending money. Here are five holiday mistakes to avoid this year so you can enjoy the season with your finances intact:

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BRS: To Opt-In or Not – Time is Running Out

Written by Guest Blogger · 13 November 2018

By Andia Dinesen, Executive Vice President for Communications & Operations, Association of Military Banks of America

December 31, 2018 will be the last day, for those who are eligible, to opt-in to the Blended Retirement System (BRS).  Knowing your options, understanding implications for your future, effects on your current budget, weighing pros and cons of staying on the Legacy (HIGH-3) or opting into BRS, should play a role in your decision. This is an important personal decision.

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3 Benefits Every Veteran Should Know About

Written by Darlene Aderoju · 09 November 2018

Veterans have earned benefits that honor them for their service. Some of these benefits include free tax preparation services and burial services. These benefits are a thank you to retired service members for their years of dedicated service. Here are three benefits every veteran should know about than can help them and their families save on expenses. 

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Should I Stay or Should I Go…Into the Blended Retirement System?

Written by Alecia Blair · 31 October 2018

By Alecia D. Blair, AFC®, Military Saves Director 

Cue the first line of lyrics from The Clash’s 1982 hit song, Should I Stay or Should I Go! For eligible service members who haven’t already made their decision regarding whether to stay in the Legacy Retirement System or go into the new Blended Retirement System, that is the question. And the countdown to decide is on. 

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Tip of the Day

  • Written by Guest Blogger | April 22, 2014

    Is your child a victim of Identity theft? Find out!  http://ow.ly/C7B3q

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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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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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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