Military Saves Blog
Tips, advice, and the latest news from the savings world.
If you read the blog, like us on Facebook, or follow @AmericaSaves on Twitter, you know that we love to share the best tips and advice on personal finance, savings, budgeting, and managing debt that we can get our hands on. We realize, though, that often the best advice comes from you, the saver.
By BrianaHartzell, Community Manager, USAA
This post was originally published on the USAA Member Community blog. Find it at usaa.com
Moving comes with many decisions, but one of the most important will be deciding whether you would like to live on or off post. Housing options are different depending on where your next assignment brings you, but there are a few things you should consider while making your decision.
A new coalition to serve the needs of transitioning veterans was formed last month, and includes a partnership between five major consumer organizations including Military Saves and our coordinating organization Consumer Federation of America (CFA). The new Veterans Financial Coalition will work to improve the financial security of the nation’s growing veteran population as they return to civilian life.
Yesterday, we launched a whole new way to get savings messages straight to your phone.
If you’re not quite ready to take the Pledge to Save, but want text messages on personal finance and savings, text SAVES to 30364. Through these texts you will get savings tips and advice and can decide what you really want to save for.
By Andia Dinesen, AFC®
VP Communications and Operations, Association of Military Banks of America (AMBA)
This post was originally published on the AMBA blog.
It never fails, as a financial counselor I have heard stories about servicemembers declining their coverage for the Servicemembers Group Life Insurance (SGLI) and their spouses not realizing the servicemember had opted out of life insurance coverage. SGLI does require a spouse to be notified of changes, such as declining coverage, but it can still happen and it can be devastating. Of course, no one wants to discuss life insurance. It can be uncomfortable and sad but nevertheless, it needs to be addressed. The SGLI is a great benefit for servicemembers and their dependents.