Military Saves Blog

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

Military Life – PCS for Homeowners

Credit Score Homeownership PCS Moves Foreclosure
Written by Guest Blogger · 18 April 2017

By: FINRA Investor Education Foundation Staff

Although the housing markets have largely recovered from the real estate bust of nearly a decade ago, a Permanent Change of Station (PCS) can still create a hardship for military homeowners who may be underwater on their mortgages (i.e., owe more on their house than they can sell it for). Homeowners who receive PCS orders and believe they may be underwater on their home should ask themselves these questions before trying to sell their homes:  

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There's Still Time to Apply for the 2017 Designation of Savings Excellence

Military Saves Week Military Banks America Saves Designation of Savings Excellence Military Credit Unions
Written by Alecia Blair · 06 April 2017

Calling all military banks and credit unions! The application deadline for the America Saves Designation of Savings Excellence has been extended to Monday, April 17 to give applicants more time to collect March activities and reports.  

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Get SMART about Your Tax Refund This Year

Tax Time Saving Tax Credits Tax Refund Taxes SMART goals
Written by Guest Blogger · 28 March 2017

By Lauren Chaplin, AFC® Candidate, FINRA Foundation Fellow

Tax Day (April 18) is just weeks away. If you’re getting a tax refund—due to overpaying in taxes, refundable tax credits, or perhaps a deployment in 2016—setting SMART goals for your money will help you make the most out of the cash back.

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Thank You For Helping Make Military Saves Week 2017 a Success!

Military Saves Week #MSW017
Written by Alecia Blair · 13 March 2017

Military Saves Week 2017 (#MSW 2017), Feb. 27-March 4, kicked off the Military Saves campaign year with many exciting events and activities on or near military installations around the world. Thank you to all of the organizations and Military Savers who participated. Thanks, in part, to you, Military Saves Week shined the spotlight on the importance of personal savings.

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Saving for Life’s Challenges during Military Saves Week

Emergency Fund Emergency Savings Savings Tips Investing
Written by Guest Blogger · 04 March 2017

By The USAA Educational Foundation

No life is without challenge, that is for sure – but military life often includes its own unique challenges. No matter your rank, branch, age or location, there is at least one universal truth: the unexpected is expensive.

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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 »

Meet Wacinque BeMende

Written by Super User | November 26, 2010

Meet Wacinque BeMende. He’s so passionate about encouraging savings and promoting financial literacy, he’s established his own Kid’s Savings Program. Wacinque donated $15,000 to the Community Action of Laramie County in Cheyenne Wyoming to begin the Wacinque “ Rhino” Fund Endowment to help kids open savings accounts.

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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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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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