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

Military Millennials: What the Research Reveals

Debt Student Loans Military Millennials
Written by Guest Blogger · 30 June 2015

By FINRA Investor Education Foundation Staff

Millennialsthose born between about 1978 and 1994came of age in an America that is different than it was for previous generations. They grew up in a country characterized by more racial diversity, a narrower gender gap in educational attainment, large increases in the cost of higher education and the defining events of September 11, 2001. They faced the economic challenges of the Great Recession early in their lives and/or careers. They are also the first “digitally native” generation, and the most educated generation in American history.

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Military? Millennial? Now is the Best Time to Contribute to Your TSP

Retirement TSP MilitaryMillennial
Written by Guest Blogger · 25 June 2015

By Abigail C. Reid, Writer-Editor, Federal Retirement Thrift Investment Board

If you’re a millennial (born in or after 1982) in the military, you might encounter a number of financial challenges unique to your career path and age group. But as you face these challenges, one of your best opportunities to save for your future is with the Thrift Savings Plan (TSP). Below are the answers to some questions you might have about participating in the TSP.

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I’m Still Young, Why Does Everyone Keep Bugging Me About Retirement?

Compound Interest Military Millennials Dollar Cost Averaging
Written by Guest Blogger · 18 June 2015

By Sandra Boenig, AFC®

You are probably hearing a lot about planning for retirement - there is so much information, so many ways to save, that it can be crazy and confusing. However, two simple concepts can help you save for ANY investment, including retirement. These concepts work even better if you start using them when you are young!

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Three Must-Do Money Moves for Military Millennials

Emergency Savings MilitaryMillennials Car Buying
Written by Guest Blogger · 16 June 2015

By the USAA Educational Foundation

Life is full of decisions, some bigger or more impactful than others. This is fairly obvious.

What’s not so obvious is that some seemingly small decisions you make as a young person in the military – we’re talking about money decisions – can have life-changing consequences, both good and bad.

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New Military Millennials Resource Packet Now Available

saving resource packet militarymillenials
Written by Laura Roler · 09 June 2015

Are you an organization that serves young adults in the military, ages 18-34, also known as Millennials or Generation Y? Are you a young adult in the military? If you answered yes to either of these questions, the new Military Millennials Resource Packet is for you!

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Tip of the Day

  • Written by Guest Blogger | September 30, 2014

    Develop a long-term plan and foundation for financial readiness by establishing a spending plan. More tips at: http://ow.ly/sCvQQ

Saver Stories View all »

Start Small and Keep on Saving

Written by Super User | March 6, 2012

Although Major James Kenisky only recently took the Saver's Pledge, he has been living by its tenets for many years: Start Small. Think Big.

Starting Small

I want this story to help others and I am certain I am not the only one who has achieved the level of success in the military that I have.  I am just one voice.  I started saving when I became a Second Lieutenant in the United States Air Force.

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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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One That Almost Got Away

Written by Super User | November 26, 2010

Brody Lockwood - Like a typical fledgling, I started down the track of financial indebtedness. Nineteen years old and nothing to lose. Credit - who need it? Savings - that was for older people with responsibility. Debt - my parents were in debt ergo it must be OK. When I was eligible for reenlistment, I reenlisted for a multiple of 3 worth $15K. I was happy to pay off my debt, but would I be able to stay out of debt?

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