Military Saves Blog

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

Combat Changes in Your Paycheck with Battle-Hardened Transition and Emergency Funds

Emergency Fund Emergency Savings Deployment Military Life PCS Moves TDY
Written by Alecia Blair · 25 April 2017

By Alecia D. Blair, Military Saves Communications Strategist & Outreach Manager, AFC® Candidate, FINRA Foundation Fellow

Permanent change of station (PCS) moves, temporary duty (TDY), deployment—all of these major changes are a constant in military life. While a military paycheck is predictable twice a month, these life changes bring significant income volatility and increases or decreases in expenses, which can make your budget a moving target. Here are five solutions to help meet these challenges.

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Military Life – PCS for Homeowners

Credit Score Homeownership PCS Moves Foreclosure
Written by Guest Blogger · 18 April 2017

By: FINRA Investor Education Foundation Staff

Although the housing markets have largely recovered from the real estate bust of nearly a decade ago, a Permanent Change of Station (PCS) can still create a hardship for military homeowners who may be underwater on their mortgages (i.e., owe more on their house than they can sell it for). Homeowners who receive PCS orders and believe they may be underwater on their home should ask themselves these questions before trying to sell their homes:  

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There's Still Time to Apply for the 2017 Designation of Savings Excellence

Military Saves Week Military Banks America Saves Designation of Savings Excellence Military Credit Unions
Written by Alecia Blair · 06 April 2017

Calling all military banks and credit unions! The application deadline for the America Saves Designation of Savings Excellence has been extended to Monday, April 17 to give applicants more time to collect March activities and reports.  

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Get SMART about Your Tax Refund This Year

Tax Time Saving Tax Credits Tax Refund Taxes SMART goals
Written by Guest Blogger · 28 March 2017

By Lauren Chaplin, AFC® Candidate, FINRA Foundation Fellow

Tax Day (April 18) is just weeks away. If you’re getting a tax refund—due to overpaying in taxes, refundable tax credits, or perhaps a deployment in 2016—setting SMART goals for your money will help you make the most out of the cash back.

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Thank You For Helping Make Military Saves Week 2017 a Success!

Military Saves Week #MSW017
Written by Alecia Blair · 13 March 2017

Military Saves Week 2017 (#MSW 2017), Feb. 27-March 4, kicked off the Military Saves campaign year with many exciting events and activities on or near military installations around the world. Thank you to all of the organizations and Military Savers who participated. Thanks, in part, to you, Military Saves Week shined the spotlight on the importance of personal savings.

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Tip of the Day

  • Written by Tammy G. Bruzon | February 3, 2017

    Get tips and tools on spending and saving from @FINRAFoundation >> http://bit.ly/2gE4AQZ #SaveAndInvest @MilitarySaves #MSW2017

Saver Stories View all »

Meet Wacinque BeMende

Written by Super User | November 26, 2010

Meet Wacinque BeMende. He’s so passionate about encouraging savings and promoting financial literacy, he’s established his own Kid’s Savings Program. Wacinque donated $15,000 to the Community Action of Laramie County in Cheyenne Wyoming to begin the Wacinque “ Rhino” Fund Endowment to help kids open savings accounts.

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Money on the Side

Written by Super User | November 26, 2010

Camp Arifjan, Kuwait -- A colonel in the 1st Theater Sustainment Command has money on his mind.

Army Col. George Fields, the Chief of Intelligence, or G2, has been teaching a free "Managing Your Money" class here in his spare time. More than 400 students have attended his six week-long class to learn more about increasing their own finances.

"All I did was sit down and listen to a guy one day who showed me what he was doing" said the colonel as he explained how he became interested in what he calls, "becoming financially free."

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Building Wealth by Setting Goals

Written by Super User | April 24, 2013

My name is Allison Mecadon and I’m a Youth Coordinator with the Virginia National Guard Youth Program. My husband, Tom, is an M-Day Army National Guard Member (an M-Day member is one who performs weekend drill, but is not on full-time duty).

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