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

The One Key Change to Military Credit Reports You Need to Know

Credit Score Credit Security Clearance Credit Report credit monioring, credit freeze
Written by · 11 November 2019

Written by Allison Spurgin, AFC Candidate® | November 11, 2019

Recently the federal government instituted a change to the way they use servicemembers’ credit reports. Previously, the Department of Defense only checked credit reports when servicemembers’ security clearances were up for renewal. This meant that depending on your clearance level, the military was only looking at credit reports and scores once every 5 or ten years. That is no longer the case: now the Department of Defense will be continuously monitoring service member’s financial health.

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Are Vampire Costs Sucking Your Bank Account Dry?

Written by Lila Quintiliani · 29 October 2019

I didn’t notice the charge at first. It was a small amount, and it didn’t trigger my credit card alert, which I have set to email me a notification when a charge over a certain amount posts. Eventually, though, I was looking over our credit card statement, and something didn’t look right. I finally figured it out – my husband had signed up for a subscription to an online magazine a few months back and had forgotten to cancel it.

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5 Quick Tips for Credit Awareness Month

Written by Lila Quintiliani · 04 October 2019

October is Credit Awareness Month, and it’s the perfect time to take stock of your own personal financial situation. Before you shop on Black Friday or Cyber Monday, it is a good idea to assess your financial health and see whether your spending plan is still on track to get you to your savings goals.

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Your Uniformed Services TSP Account: A Sweet Deal That Just Got Sweeter

Written by · 02 October 2019

Written by Cloud Spurlock, Federal Retirement Thrift Investment Board | October 2, 2019

When we talk about retirement planning, we tend to focus on the time we spend accumulating savings during our working years. It’s equally important to keep an eye on how you’ll access and spend your savings when you become eligible. Here’s some great news for participants in the Thrift Savings Plan (TSP): the TSP just rolled out big changes that offer flexible withdrawal options to all accounts.

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Tips for Getting Out of Debt

Written by Lila Quintiliani · 18 September 2019

Getting out of debt is not quick nor is it easy, but with persistence and dedication it can be accomplished, and can bring peace of mind and financial stability.

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Tip of the Day

  • Written by Katie Bryan | November 28, 2013

    Set a goal, make a plan, #save automatically - pledge to save today!  http://ow.ly/ksLWb

Saver Stories View all »

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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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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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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