Military Saves Blog

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

Military Spouses: This Military Transition Is Yours, Too!

MilitaryTransitions Spending Plan Military Spouses
Written by Alecia Blair · 13 September 2016

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

Whether you have spent four or 24 years following your servicemember around the country and world, don’t forget that your spouse’s separation or retirement from the military is your military transition, too!

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Understanding the BRS Can Give You a Leg Up

Retirement Blended Retirement System
Written by Guest Blogger · 06 September 2016

By FINRA Investor Education Foundation Staff

Today, 81 percent of members leave military service with no retirement benefits. None. But the military retirement system is changing. The Department of Defense (DoD) projects that under the new Blended Retirement System (BRS), which goes into effect in January 2018, 85 percent of service members will separate with portable retirement savings—partly because the BRS will automatically enroll into the Thrift Savings Plan (TSP) all new service members.

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The Great Transition…Isn’t Always So Great

Emergency Fund Emergency Savings MilitaryTransitions
Written by Guest Blogger · 31 August 2016

By Brian Posten, Business Development Officer at Air Force FCU, USAF Senior Master Sergeant (retired)

At age eighteen, I realized I needed a major life change, and I knew hanging around where I grew up wasn’t the answer. So, in 1988, I joined the Air Force. My intention was to do four years and get out.  When my four years were coming to a close, I realized military life was perfect for me.  Adventure, discipline, education, and travel—not to mention, I also received a paycheck!

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Five Tips to Tackle Military Transition Challenges

Financial Planning Savings Military Transitions
Written by Guest Blogger · 23 August 2016

By Forrest Baumhover, EA, Westchase Financial Planning, Principle

Your military transition will be one of the most challenging events in your life. Whether you’re separating after your first enlistment or retiring after a 30-year career, there will be obstacles. Here are five things you can do to ensure you’re properly prepared for your transition.

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Five Ways to Save While Back-to-School Shopping

Savings Tips Education
Written by Guest Blogger · 18 August 2016

By Madeline Daniels, America Saves Digital Communications Manager

Families sending children back to school in the fall plan to spend a record $917 per child, according to a new Rubicon survey. So why the high price tag? It turns out over a third of families’ budgets are expected to go to technology.

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Tip of the Day

  • Written by Tammy G. Bruzon | February 3, 2017

    Jumpstart your goals by earmarking this year’s #taxrefund for savings: http://bit.ly/2j2PEBO via @MilitarySaves #MSW2017

Saver Stories View all »

Regular Savings is the Key to Success

Written by Super User | November 26, 2010

My name is Chris Strong. I joined the Air Force on 25 March, 1985. On that day, my financial life changed forever. I was introduced to saving bonds in Basic Training. Savings bonds were the big thing back then just like the Thrift Savings Plan is today. A Colonel gave us a briefing. I cannot remember his name but I can remember the 100 savings bonds he had posted to a piece of card board. He gave us a speech on the importance of saving money and how it can change your life. He inspired me to save.

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Savers Pledge Leads to Savings Success

Written by Super User | October 13, 2011

My name is Rob and I am a Staff Sergeant in the Marine Corps Reserve. My financial success is a huge result of the Military Saves Campaign.

My journey began five years ago after marrying my wife, Lisa. We entered our marriage with no savings plan in sight, carrying debt and living in a tiny apartment. After seeing an advertisement for Military Saves, we decided to grab the reigns of our finances and implement a positive financial plan.

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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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