Military Saves Blog

Blog

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

Couple hugging each other and smiling while standing in front of a house with an America flag hanging out front. Man is dressed in military uniform.

Tips for Transitioning or Retiring from the Military

Retirement Military Transitions Military Spouses
Written by Guest Blogger · 26 September 2017

By: FINRA Investor Education Foundation Staff

Military service can leave you believing that change is the only constant in life. Take a look at a photo of yourself entering boot camp and compare it with the one your service took of you at graduation. You already changed—a lot. But you need to get ready for a big one. 

Read more ...

Man in army uniform smiling and holding laptop

Your Five-Step Blended Retirement System Checklist to Success

Retirement Financial Planning Blended Retirement System
Written by Alecia Blair · 19 September 2017

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

The new Blended Retirement System (BRS) is coming in January 2018! If you're feeling a little overwhelmed or unsure about the BRS, that's okay. It's natural. Deciding whether the BRS is right for you is a big financial one-size-does-not-fit-all decision that has big implications on your military retirement.

Read more ...

30 Days of Savings Challenge logo

Join the 30 Days of Savings Challenge this September

Savings Goals 30 days of savings
Written by Lani Poblete · 28 August 2017

By Lani Poblete, Military Saves Project Manager

This September, join the Military Families Learning Network's (MFLN) Personal Finance team in making small deposits that add up to $100 in just 30 days!

Read more ...

budgeting tools, calculator, tax forms all piled up

The Building Blocks of Excellent Credit

Debt Credit History Credit Score
Written by Guest Blogger · 08 August 2017

By Martin A. Smith, CRPC®, AIFA®, President of Wealthcare Financial Group, Inc.

Do you want to build excellent credit? If you are shopping for a mortgage or car loan or a credit card, simply paying your debts on time is not the only requirement to building excellent credit. Here are some other considerations:

Read more ...

Couple receiving financial counseling from an older woman with short white hair and glasses

The Military's Best Kept Secret

Debt Military Saves Savings Tips Retirement Military Life
Written by Guest Blogger · 02 August 2017

Written by Rachael DeLeon, Communications Director at the Association for Financial Counseling and Planning Education (AFCPE)

Regardless of your military branch, your rank, or even your age, personal financial issues will touch your life at some point in your military career. Which is why there is no better time than now to get to know your installation’s financial readiness professionals – often known as Personal Financial Counselors (PFCs) and Personal Financial Managers (PFMs).

Read more ...

Tip of the Day

  • Written by Tammy G. Bruzon | January 26, 2017

    Millions miss out on EITC $$ b/c they don't claim it or don't file taxes at all: http://bit.ly/2hX4Hrl @MilitarySaves

Saver Stories View all »

Regular Savings is the Key to Success

Written by Super User | November 26, 2010

My name is Chris Strong. I joined the Air Force on 25 March, 1985. On that day, my financial life changed forever. I was introduced to saving bonds in Basic Training. Savings bonds were the big thing back then just like the Thrift Savings Plan is today. A Colonel gave us a briefing. I cannot remember his name but I can remember the 100 savings bonds he had posted to a piece of card board. He gave us a speech on the importance of saving money and how it can change your life. He inspired me to save.

Read more...

Airman Succeeds Through Dedication to Building Wealth Not Debt

Written by Super User | October 13, 2011

I came into the Air Force at 23 years old in 1993 with about 12 outstanding bills (hospital bills, car loan, car insurance, school loans, credit cards, etc.). You name it, I had the bill. Thanks to the Family Support Center, Dave Ramsey's Financial Peace University, and many other sources, I now have no outstanding bills.

Read more...

A Plan for Success

Written by Super User | April 26, 2012

I’m Staff Sergeant Robert Zuniga and I have been an active duty Air Force medic for eight years. I plan on staying in long enough so that I can retire at 20 years. I have always been interested in personal finance and would like to share how it IS possible for me and my stay-at-home wife and two kids to not only save and invest a ton of money but also have a lot of responsible fun as well on 'low' enlisted pay. You CAN do it too!

First off, we write down our goals and separate wants from needs.

Read more...