Military Saves Blog

Blog

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

4 Reasons You Shouldn’t Fall Prey to the Payday Loan Trap

Debt Payday Loans
Written by April Crews · 17 April 2014

Payday loans can set you up for debt that can come back to haunt you later, especially if you take out more than you can truly afford to pay back.  It can be difficult for someone on a fixed budget to pay back these expensive loans in just two weeks, which is generally the amount of time given to repay such loans.  If you’ve considered resorting to a payday loan to pay off an emergency expense, consider the following before doing so:

Read more...

3 Ways to Celebrate Financial Literacy Month

Written by Katie Bryan · 16 April 2014

America Saves celebrates National Financial Literacy Month, recognized in April, by sharing three ways individuals can take financial action by saving money, reducing debt, and building wealth.

Read more...

Nine Tips to Help You Better Understand Your Credit

Credit History
Written by Guest Blogger · 15 April 2014

The following post comes from the USA.gov blog.  Find them at http://blog.usa.gov/

Making financial decisions can be confusing and overwhelming, to the point that you do nothing to prepare for your financial future. But this Financial Literacy Month, we’re helping you understand finance basics so you can make money decisions with confidence.

Step one is understanding your credit. Use these tools and resources to pull your credit report for free and understand how money decisions you make impact your credit.

Read more...

6 Tips to Help You Reduce Credit Card Debt

Debt
Written by April Crews · 10 April 2014

You or someone you know will most likely deal with some type of credit card debt. But you can avoid credit card debt, and pay down your debt faster, if you are disciplined and determined not to let your credit cards control you. Here are some tips that can help:

Read more...

3 Ways to Prevent Identity Theft

Written by April Crews · 03 April 2014

With so many scams popping up monthly, it’s good to be reminded of ways that you can avoid being a victim of identity theft. Here are three tips that you can live by that help:

Read more...

Tip of the Day

  • Written by Guest Blogger | April 18, 2014

    Don't Fall Prey to the Payday Loan Trap! Read these tips alternate options http://ow.ly/vTKTh

Saver Stories View all »

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.

Read more...

Naval Battalion's Effort Yields Team Success

Written by Super User | November 26, 2010

Construction Battalion Five, DETAIL CHINHAE would like to share our campaign success story with you!

Currently we have 23 members on our Det, (all of whom have registered with militarysaves) and out of them 16 are planning for retirement by saving and investing money in the Federal Thrift Savings Plan.

Read more...

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). Tom just got back from a 1-year deployment to Afghanistan and before that served a one year ADOS tour (Active Duty Operational Support) at Ft Belvoir.

Read more...