Military Saves Blog


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

Savings You Can Count On

Written by Super User · 14 February 2013

Savings You Can Count On

By Candace Wheeler
Vice President of Strategic Communications & Marketing
The Coalition to Save Our Military Shopping Benefits

As military communities across our country and overseas are gearing up for Military Saves Week (25 February – 2 March), The Coalition to Save Our Military Shopping Benefits would like to encourage all military families to take the Military Saves Pledge by visiting  We also want to take this opportunity to remind service members and their families that one of the best ways you can save money is by shopping regularly at your local commissary and exchange.

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Saving for Retirement: How to Avoid Financial Procrastination

TSP Retirement Savings
Written by Super User · 13 February 2013

Saving for Retirement: How to Avoid Financial Procrastination

You must remember that time is money. –James Fenimore Cooper

By Gretchen Gorline
AFC® Candidate
FINRA Military Spouse Fellow

While James Fenimore Cooper may have been referring to opportunity cost or even to lost wages, the same can be said of retirement investments. Historically, investments grow over time by the power of compounding. A key to building wealth is not just the amount of money invested but also how long it is invested.

This concept is especially pertinent in relation to retirement savings. There are calculators, illustrations, scenarios and articles that belabor this simple point: start saving early.

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Out of Sight Out of Mind: How to Save Automatically

Automatic Savings MyPay
Written by Guest Blogger · 12 February 2013

Out of Sight Out of Mind: How to Save Automatically

February 12, 2013
By Cathy Moss, AFC®

The benefits of saving can be worthy of excitement but the process to get there may not be as thrilling. This is why saving systematically is probably best done automatically. Out sight out of mind may be one of the best approaches to saving consistently. How can we accomplish this? One way is to set up an automatic transfer bi-weekly or monthly from your checking account to a savings account at your bank. But this probably allows easy access to dip into savings. So, in our family we have a savings account with a credit union that is not easily accessible. The money is allotted directly to the credit union savings account… out of sight out of mind. Allotments are easy to start via myPay or through your employer’s HR department.

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To Roth or Not?

Retirement Roth TSP
Written by Guest Blogger · 07 February 2013

By Leanna C. Rahll, CFP®

In 1789, Benjamin Franklin wrote to a friend “in this world nothing can be said to be certain, except death and taxes”.  Some things haven’t changed.   But the government has created tax-advantaged retirement accounts to help you grow your wealth.

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Make a Plan: Three Pieces of Advice....from the "Street Level"

Written by Super User · 06 February 2013

Make a Plan: Three Pieces of Advice...From the "Street Level"

By Rob Izzo, Business Operations Analyst, CIP
Navy Federal Credit Union

From my experience, saving money is not a topic spoken about at dinner parties or social gatherings.  In fact, the subject for some people is boring, awkward and, at times, intrusive.

Saving money is covered in many newspaper articles, financial magazines and television commentaries.  We are exposed to it every day of our lives.  So, with that in mind, I decided to take a "street level" approach to this article.  I interviewed people I knew who would feel comfortable speaking freely about saving money and who were at different life stages.  A real life examination, you could say.

I asked three different people at three different stages of life to provide me three pieces of advice for saving money.  What do they do to save money, if even a little bit at a time?  What is their approach?  Their answers and perspective might surprise you.  Here's what I discovered:

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Tip of the Day

  • Written by Guest Blogger | March 14, 2014

    Shop around for auto and homeowners' insurance: Before renewing your existing policies, check out the rates of competing companies whose annual premiums could be several hundred dollars lower. 

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.


Involving Kids in Family Finances

Written by | April 19, 2019


One of the best lessons we can share with our kids is about money. By middle school, kids should have a good understanding of how money works as well as the importance of saving.


Setting a Goal Leads to Success

Written by Super User | May 24, 2019

Growing up, Marisa’s dad had always talked about saving first, but she said she didn’t really internalize it until much later. “I was drifting along with no plan, carrying a little bit of revolving debt, saving some money here and there, but without a real plan for it.”