Military Saves Blog

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

Managing Debt – By the Numbers

Debt Managing Credit Managing Debt
Written by Guest Blogger · 14 November 2016

By FINRA Investor Education Foundation Staff

Managing debt is a major concern of many Americans. Nearly four out of five Americans carry at least one of the following types of debt measured by the FINRA Foundation’s 2015 National Financial Capability Study (NFCS): mortgage or home equity loan; credit card balance; auto loan; student loan’ non-bank borrowing; or unpaid medical bills. And 40 percent of Americans reported thinking they “have too much debt right now.”

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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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Tip of the Day

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

    Millions miss out on EITC $$ b/c they don't claim it or don't file taxes at all: http://bit.ly/2hX4Hrl @MilitarySaves

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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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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On the Right Track to Build Wealth

Written by Super User | April 16, 2013

My name is Robina Wahl, and I am a military wife and a veteran. Although I am fairly new to the Military Saves Campaign, the message to “Build Wealth, Not Debt” reassured me that my husband and I were on the right track and doing the right things.

I have always been pretty responsible when it comes to saving and living within my means, but I was not prepared for the unpredictable employment lifestyle of being a Reservist and military spouse.

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