Military Saves Blog

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

Financial Direction

Written by Super User · 27 April 2012

Lost?  Check Your GPS.  Need Financial Direction?  Set a Goal and Make a Plan!

By Lila Quintiliani, AFC®
Military Saves Assistant Coordinator

If I need to find a particular place, I look it up on Google maps. Or enter it in the GPS.  Occasionally, because gadgets can get it wrong, I look at an actual paper map. The point is, I wouldn’t think of starting on a journey without at least some idea of where I was going. But that’s what millions of Americans are doing every day when it comes to their money. A new Planning and Progress study released by Northwestern Mutual last week found that a whopping 45 percent of Americans have no financial plan at all. Zip, zilch, nada. If you are one of those hapless folks, then it’s time to dig out your road map and at least figure out where you’re going.

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Take Your Daughter to Work Day

Written by Guest Blogger · 26 April 2012

By Andia Dinesen, AFC ®
Military Saves Coordinator

So here’s another blog about kids.  Naturally, we didn’t mean this to happen, although since today is Take your Son or Daughter to Work day I thought the kid-focused blog deserved another appearance.

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Case of the "I Wantas"

Written by Guest Blogger · 23 April 2012

By Lila Quintiliani, AFC®
Military Saves Assistant Coordinator

Do you hate to go shopping with your kids?  It seems like everywhere we go these days, there is STUFF to buy.  When I was a kid, the check out at the grocery store might have gum, alka seltzer and a magazine or two. 

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Emergency Fund - Budgeting for the Unexpected

Emergency Fund Emergency Savings
Written by Guest Blogger · 20 April 2012

By Andia Dinesen, AFC ®
Military Saves Coordinator

Nearing the end of a long month… the 15th has passed and then there are still two more weekends until payday.How did this happen, how am I running out of money already?

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TSP Rolls out Roth in May

Written by Super User · 18 April 2012

by Miriam Darden Settles, CFP®
Federal Retirement Thrift Investment Board

Roth:  What’s it all about?

Simply put, Roth is all about options when it comes to the tax treatment of your TSP savings.  If you decide to make a Roth TSP contribution, the amount that you contribute comes out of your pay after-tax rather than before-tax as it does now.  That means that when you take withdrawals from your Roth balance, your Roth contributions come out tax-free because you’ve already paid the tax on them.  Not only that, but the earnings on those contributions are also tax-free provided you meet two basic Internal Revenue Service (IRS) requirements.*

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Tip of the Day

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

    Savers with a plan are 2x more likely to save for #retirement, have emergency savings, and stick to a budget - @MilitarySaves #MSW2017

Saver Stories View all »

A Disciplined Approach to Saving

Written by Super User | November 26, 2010

I just recently retired after 30 years of service with the Marine Corps. I truly enjoyed my time serving the Corps and I flourished in the disciplined environment. I also took a disciplined approach to saving. Here are some of the tactics I used-they are very low to moderate risk.

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Savers Pledge Leads to Savings Success

Written by Super User | October 13, 2011

My name is Rob and I am a Staff Sergeant in the Marine Corps Reserve. My financial success is a huge result of the Military Saves Campaign.

My journey began five years ago after marrying my wife, Lisa. We entered our marriage with no savings plan in sight, carrying debt and living in a tiny apartment. After seeing an advertisement for Military Saves, we decided to grab the reigns of our finances and implement a positive financial plan.

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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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