Tips, advice, and the latest news from the savings world.
Dig Your Way Out of Debt
By Meghan Northcutt, AFC ® Candidate, FINRA Military Spouse Fellow
Last year, the Army Times reported 41 percent of Servicemembers had student loans compared to their civilian peers at 34 percent. Troops were also more likely than their civilian peers to have a home loan, car loan, and credit card balance. Military members looking at debt tend to look for ways to pay debt off more quickly to save money over time. When faced with this question, I use an analogy that paying only minimum payments is like digging a hole with a spoon; to make real progress, you want to use a shovel.
The Basics of Active Duty Retirement
By Laura Roler, Military Saves Associate, AFC® Candidate, FINRA Military Spouse Fellow
If you’ve committed to a military career, you’ve earned some life-long benefits.