Military Saves Blog

Blog

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

American flag piggy bank

New Savings Goal Calculator Available on Investor.gov

Compound Interest Savings Savings Calculator
Written by Guest Blogger · 06 July 2017

By The U.S. Securities and Exchange Commission Staff

The U.S. Securities and Exchange Commission’s Investor.gov website is an online resource to help investors make informed investment decisions and avoid fraud. Investor.gov now includes a savings goal calculator in addition to its popular compound interest calculator.

Read more ...

5 Steps to a Summer of Savings

Emergency Fund Automatic Savings Savings Tips Budget
Written by Madeline Daniels · 27 June 2017

By Madeline Daniels, America Saves Communications Director

It's the first day of summer! Between the backyard barbeques, days at the beach, and summer vacations -- the average vacation expense per person in the United States is $1,145 -- it's also the perfect opportunity to give your finances a fresh start and set your seasonal savings goal. 

Read more ...

Military Millennials – A “Bucket List” to Help Manage Credit and Debt

Emergency Fund Credit Score Managing Credit Managing Debt
Written by Guest Blogger · 20 June 2017

By FINRA Investor Education Foundation Staff

Got debt? You’re not alone. Many Americans are carrying buckets of debt.

Read more ...

Appreciate Dad without Breaking the Bank: Five Thrifty Father's Day Gift Ideas

Savings Tips Savings
Written by Guest Blogger · 15 June 2017

By Madalyn Pemberton, America Saves Intern

When you’ve procrastinated planning for Father’s Day, it’s tempting to shell out big bucks rather than brainstorm inexpensive gifts. Especially when free two-day shipping makes it super easy to get that electric razor on time, or reservation apps put nice restaurants at your fingertips. But blowing through your budget before the month is up on a single day, while well-intentioned, is likely to result in more stress and gray hairs than it is ultimately worth—especially if it results in asking for help from dad later in the month.

Read more ...

Pink pigs with graduation cap

Pave the Way for Your Financial Future: Saving and Investing for Millennials

Emergency Savings Investing Military Millennials
Written by Guest Blogger · 13 June 2017

Office of Investor Education and Advocacy, U.S. Securities and Exchange Commission

Being prepared to tackle life’s financial hurdles – paying for higher education, saving for a home, and being ready for retirement – is critical. You may not realize it, but choices you make now can impact your financial future. Taking steps today, and setting goals, can help put you on a path to a secure financial future and retirement.

Read more ...

Tip of the Day

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

    Learn financial lessons as a family. Make decisions and practice good $$ mgmt together: http://bit.ly/2juPwr1 #BetterMoneyHabits #MSW2017

Saver Stories View all »

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.

Read more...

Money on the Side

Written by Super User | November 26, 2010

Camp Arifjan, Kuwait -- A colonel in the 1st Theater Sustainment Command has money on his mind.

Army Col. George Fields, the Chief of Intelligence, or G2, has been teaching a free "Managing Your Money" class here in his spare time. More than 400 students have attended his six week-long class to learn more about increasing their own finances.

"All I did was sit down and listen to a guy one day who showed me what he was doing" said the colonel as he explained how he became interested in what he calls, "becoming financially free."

Read more...

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.

Read more...