Military Saves Blog

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

Military Service Members "Immediate Actions" for Financial Success

Debt Retirement Investing Financial Goals Savings Goals Blended Retirement System
Written by Guest Blogger · 04 October 2018

By Lori Schock, Director of the SEC’s Office of Investor Education and Advocacy* and Patrick Campbell, Acting Assistant Director of the Bureau of Consumer Financial Protection’s Office of Servicemember Affairs

As a member of the military, you are called to serve every day in challenging environments to secure the freedom and prosperity of our nation. To meet these challenges, you engage in “immediate actions” training to better prepare yourself to respond to all kinds of threats and situations.

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5 Ways to Capitalize on Your Credit Cards

Credit Cards Credit
Written by Darlene Aderoju · 04 October 2018

This Financial Planning Month, plan to use your credit cards to your advantage. No matter how much you try to avoid them, we all use credit cards sometimes. Having money set aside for unplanned expenses is one way to avoid overspending on your card. Here are some credit card tips and tricks from Bank of America’s Better Money Habits so when you do use your card, you can earn cash back and receive rewards on some of your transactions.

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3 Reasons to Take Advantage of Free Credit Freezes

Written by Darlene Aderoju · 28 September 2018

As of September 21, 2018, you can freeze and unfreeze your credit with Experian, Transunion and Equifax for free. A credit freeze, prohibits lenders from accessing your credit report, making it more difficult for anyone to steal your identity or access your financial assets without your permission. Previously, only residents of certain states had access to such freezes free of charge. Here’s why you should take advantage of this freebie.

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Preparation is Key!

Written by Guest Blogger · 20 September 2018

By Shay Cook, MS, AFC®, FINRA Investor Education Foundation

September is National Preparedness Month, and it is a great time to prepare for a potential natural or financial disaster. You never know when a hurricane, tornado, earthquake or volcanic eruption may disrupt your life. Disruptions can also occur in the form of an unexpected financial torpedo.

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It’s National Preparedness Month: Make a Plan

Written by Guest Blogger · 13 September 2018

By Colleen Tressler, Consumer Education Specialist, FTC

Extreme weather and natural disasters can occur with little warning. This year’s floods and wildfires are proof of that. Are you ready to leave your home at a moment’s notice? You can reduce your anxiety about these scary events by making sure you are prepared if and when they happen. September is National Preparedness Month and a good time to get your family, pets, and property ready. You can, for example:

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Tip of the Day

  • Written by Guest Blogger | March 25, 2014

    #Save #money monthly through an automatic transfer from checking to savings using #myPay http://ow.ly/sGUX0   

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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Making Savings a Part of Marriage

Written by Super User | November 26, 2010

Capt. Rob Eckhardt is the first to admit that he hasn’t always been responsible with money. But less than 10 years after a rocky start to saving, Eckhardt reports that he and his wife are free from credit card debt, have a down payment on a home, and are saving regularly for retirement. And, as the Military Saves representative for his Air Force squadron, he’s helping others make similar progress.

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One Sailor's Course to Financial Freedom

Written by Super User | November 26, 2010

We all know its not easy to get out of debt once you in over your head. But it can be done with the sound advice and support that the Military Saves program offers. I am a testament to that. I was a recently divorced, single mother. Like many people I had credit card debt, a car loan, bad credit, and a low income job that never seemed to be enough to put food on the table.

Then I decided I'd had enough of living paycheck to paycheck and worrying about money all the time.

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