Military Saves Blog
Tips, advice, and the latest news from the savings world.
AFC® Candidate, FINRA Military Spouse Fellow
The best thing I ever did for myself when my daughter was four was give her an allowance. She was at the age when she wanted everything in the store. “Mommy, can I have this? Mommy, will you buy me that?” Shopping with her was one of my least favorite activities. But when she had an allowance, substantial enough that she could realistically save up for the toys she wanted but not so much that she could have whatever caught her eye at any given moment, shopping became a different experience. The questions changed from “will you buy me this” to “how many weeks will I have to save up for this?” We talked about the value of money and even at that young age I
could see her weighing her options; which toy would she rather have? Was it worth six weeks of allowance or would she tire of it in less time than it took her to save for it?
Lessons Learned While Interning at America Saves
September 6, 2012
by Dylan Tansy
America Saves Intern
Ten weeks ago I began my summer internship with America Saves not entirely knowing what I would be doing or what I would learn. It was my first time in Washington DC, and the first time I’ve lived further than 10 minutes from the beach in California. I was extremely excited to learn about social media marketing, and what goes in to running a national campaign like this. One thing I did not anticipate, however, is just how much I would learn about saving and how important it is. For this I am extremely grateful, as I will be finishing my undergraduate degree in a few months and am preparing to enter the “real world” for the first time. These are the lessons that I learned just in time:
by Lila Quintiliani, AFC®
Military Saves Assistant Coordinator
The Better Business Bureau and McGraw-Hill recently released a free iPhone app called Military & Money (if you don’t have an iPhone or iPad, you can also access the app online at www.militaryandmoney.com). The app features instructional videos and calculators to help reduce debt, increase savings and build budgets while on the go. This past weekend, I downloaded it and gave it a try. I found that overall the tool is pretty useful, especially if you’re looking for general information on a variety of personal finance topics, with just one area that could use some beefing up.
Saving as a Couple: How My Husband Caught the Savings Bug
29 August 2012
By Andia Dinesen AFC ®
Military Saves Coordinator
While my husband and I have grown as a couple over the last decade and a half, we have also grown individually. About three years ago I became very interested in personal finance. My husband didn’t necessarily grow with me in that direction. Mostly, I was interested in how couples dealt with their finances together. It is hard to find a couple where each person has the same exact ideas about money. There are many things that affect the way someone feels about their finances. It is quite personal, hence the name. Although when you are one half of a couple, you have to make important financial decisions together, which can be challenging at times.
Seven Savings Tips for Young Adults
by Eric Bell, Editor-in-Chief, YoBucko
Saving money can be tough when you're just starting out in the real world. To help you understand how to save more money in your twenties, here are seven simple savings tips to help you save more money: