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

Be as Smart as Your Phone: Protect Yourself from Identity Theft

Consumer Protection
Written by Super User · 02 January 2013

The following post comes from the America Saves Blog. Follow them on Twitter and Facebook.

By Katie Bryan
America Saves Communications Manager

Consumers with smartphones spend a lot of time with their device of choice. Now, with so many flashy websites and applications (apps), it’s just as easy to spend or move a lot of money through our phones.  But are you taking steps to protect your identity through your Smartphone? The Los Angeles Department of Consumer Affairs developed tips to help you protect your identity at a time when many of us are using our phones to do our banking, pay our bills, or buy products with the click of a button.  Here are 10 tips from Consumer Affairs on avoiding identity theft on your smartphone:

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How to Plan for Your Future When You're Already Behind

TSP 401K IRA Retirement Savings
Written by Super User · 27 December 2012

December 27, 2012
Originally published on USAA.com

Maybe you cared more about Woodstock than shares of stock. Or it could be that you kept a closer eye on your favorite MTV VJ than on your 401(k).
Whatever the reason, you've put off saving for your retirement — until now. With retirement on the horizon, you worry that you're too late, that you'll never amass enough money, that your retirement dreams will stay just dreams.

If that's you, then listen up: It's not too late! If you're within 20 or even 10 years of retirement and haven't saved, you can still get a plan rolling. Here are three ways:

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How to Recover from Your Holiday Spending Binge

Budgeting Holiday Spending
Written by Super User · 26 December 2012

December 26, 2012
By Lila Quintiliani, AFC®
Military Saves Assistant Coordinator
Communication and Outreach

The wrapping paper is strewn around the house, you’ve had one too many helpings of pumpkin pie, and you’re afraid to go to the mailbox and get January’s credit card statements.  It’s happened again: you overspent this holiday season.  You’re not alone.  According to one survey, despite the financially tough times, the average American planned to spend more on holiday gifts this year than last.  If you didn’t pay cash, you must now pay for those gifts.  And if you want to start the New Year off on the right note, you’ll need to have a recovery strategy for your finances.

Stop Spending – You may be tempted to take advantage of all the after holiday sales, but if you already can’t pay for the gifts you gave, you should stop accruing more debt.

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Get Rich Slow: Maximizing Your Retirement in 2013

TSP Thrift Savings Plan Retirement Savings
Written by Super User · 20 December 2012

December 20, 2012
by CPO Tim Duncan, USN

The bi-weekly regularity of military pay, along with the relative job security we enjoy, creates a paycheck-to-paycheck culture where saving has been placed on the back burner. Regrettably, many servicemembers have little to no savings in place, while others have found themselves overburdened with debt. Yet there are many programs in place that help us overcome this trend, and the Thrift Savings Plan is the most powerful savings tool among them.

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America Saves and Sallie Mae Offer Tips to Help Graduates as Their Student Loan Repayments Begin

Student Loans Budgeting
Written by Super User · 19 December 2012

The following post comes from the America Saves Blog. Follow them on Twitter and By Katie Bryan

America Saves, an initiative of the Consumer Federation of America, and Sallie Mae recently released a tip sheet to provide recent graduates with information and tips on how to pay their student loans.

The information is particularly timely: the six-month transition period that most new college graduates are given before they are required to begin paying down their student loans comes to an end in November and Class of 2012 graduates with student loans will shortly begin to make their first payments.

“This November, many new college graduates will need to factor student loans into their spending and saving plans,” said Nancy Register, director, America Saves. “This may be the first time many students have had to create a budget and savings plan to ensure they can meet both their financial responsibilities and save for their future.”

“By following a few simple guidelines, graduates can take control of their finances and make student loan repayment manageable,” said Martha Holler, senior vice president, Sallie Mae. “Proactively planning and working with your loan servicer now will make for a successful transition to repayment.”

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Tip of the Day

  • Written by Guest Blogger | March 26, 2014

    Need #savings tips? Check out these 54 savings tips & boost the amount of #money you can #save http://ow.ly/sfsPP

Saver Stories View all »

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.

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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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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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