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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.

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.

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.

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 15^th has passed and then there are still two more weekends until payday.How did this happen, how am I running out of money already?

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.*

Ready. Save. Buy. by Guest Blogger

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Tip of the Day

Written by Guest Blogger | May 1, 2014
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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.”

Making Saving Automatic Leads to Personal Success

Written by Lila Quintiliani | May 27, 2020

Ryan’s savings journey started when he was an active duty airman. Frequent deployments and temporary duty assignments gave him the opportunity to save. By the time he transitioned out of active duty, he had built up a healthy rainy-day fund and had started to aggressively save for retirement.

Building a Six-Figure Savings While Enjoying Life

Written by Jackie Toops | November 13, 2020

Does the idea of saving up hundreds of thousands of dollars seem impossible? How about doing it while still living an enjoyable lifestyle?

For military spouse Martina and her husband, an E-5 in the Navy, accumulating a six-figure savings has become a reality. One might think that in order to save this much, it would take a great deal of sacrificing and forgoing a certain quality of life, but Martina and her husband would disagree. “Over the past few years (about five), we've managed to save almost $120,000 while mostly living on one income. We've learned so much about easy ways to save money and live a good life,” shares Martina.