Military Saves Blog

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

#MSW19 Daily Theme: Save with a plan

Military Saves Week MSW MSW19
Written by Tammy G. Bruzon · 25 February 2019

Military Saves Week is finally here! Each day of Military Saves Week highlights a unique theme offering fresh opportunities to discuss and promote personal savings. Today, we kick off the Week discussing the importance of saving with a plan.

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Save with a Plan: Your Future Self Will Thank You

Financial Goals Savings Goals SMART goals FINRA AFCPE Long-term savings goals
Written by Guest Blogger · 25 February 2019

Written by Rachael DeLeon, Association for Financial Counseling & Planning Education® (AFCPE®)

“You pile up enough tomorrows, and you'll find you are left with nothing but a lot of empty yesterdays.” - Meredith Willson

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Five Tax Tips for Service Members and Their Families

Tax Time Saving
Written by Lila Quintiliani · 11 February 2019

by Lila Quintiliani, AFC®, Military Saves Program Manager

  1. Find Out if the New Tax Legislation Affects You

Check and see if you need to take action before you file or whether you may need to file an amended return for a previous year. 

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New Tax Legislation Puts More Money into the Pockets of Many Military Families

Tax Time Saving
Written by Lila Quintiliani · 04 February 2019

by Lila Quintiliani, AFC®, Military Saves Program Manager

There are several new pieces of legislation that may affect military families’ 2018 tax returns. The implementation of the Tax Cuts and Jobs Act, the Veterans Benefits and Transition Act, and the Combat-Injured Veterans Tax Fairness Act will mean that most military families will be paying less in taxes this year. In some instances, though, taxpayers will have to take action in order to see the benefits of the legislation.

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Steps for Dealing with an Unexpected Loss of Income

Income Loss Furlough Shutdown
Written by Lila Quintiliani · 24 January 2019

by Lila Quintiliani, AFC®, Military Saves Program Manager

There are some drops in income that can be predicted (retirement, multiple kids in college) and then there are others that just blindside us (loss of a job, furlough).  In cases like these, even large emergency funds may eventually run out. It’s important, however, to keep a level head and as much control over personal finances as possible given the circumstances.  

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Tip of the Day

  • Written by Katie Bryan | April 10, 2014

    You can have an emergency fund! Here are 5 simple ways to start & maintain an emergency fund http://ow.ly/rIhlG 

Saver Stories View all »

How Smart Financial Decisions Can Create Opportunities 

Written by | November 22, 2019

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.

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Making Saving Automatic Leads to Personal Success

Written by Lila Quintiliani | May 27, 2020

Ryan’s savings journey started when he was an active duty airman. Frequent deployments and temporary duty assignments gave him the opportunity to save. By the time he transitioned out of active duty, he had built up a healthy rainy-day fund and had started to aggressively save for retirement.

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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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