Military Saves Blog

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

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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Ready. Save. Buy.

Bonds
Written by Guest Blogger · 13 April 2012

By Lila Quintiliani, AFC ®
Military Saves Assistant Coordinator

Just like clockwork they would arrive each year – the little certificates announcing that my aunt had purchased another savings bond for my birthday.  A few weeks and a thank you note later (Auntie A was always a stickler for the niceties), and a crisp Series EE savings bond would arrive in the mail.  When my daughters were born a few years ago, the tradition continued. 

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Tip of the Day

  • Written by Guest Blogger | May 1, 2014

    Check out the FREE "My Military & Money" app for servicemembers from @BBB and McGraw Hill Financial. More info at https://bit.ly/2Ls1pAf

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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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.”

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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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