Military Saves Blog

Blog

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

Identity Theft in a Digital Age: Deter, Detect, Defend.

Fraud Identity Theft Credit
Written by Laura Roler · 22 October 2014

The following post comes from the America Saves blog.  Follow them on Twitter and Facebook.

By Daniel Boylan, Instructor of Finance, Ball State University

Transunion reports that approximately 19 people become victims of identity theft every minute.

Read more...

You don’t have to give children an allowance—but if you do, talk about it

Written by Guest Blogger · 21 October 2014

The following content was provided by the Consumer Financial Protection Bureau (CFBP) 

Giving children an allowance is a topic many parents discuss. Even within families, parents can disagree about whether it’s a good idea.

Read more...

Supplement Your Retirement by Setting It on Autopilot

Retirement TSP ira
Written by Guest Blogger · 16 October 2014

By Alecia D. Blair, Military Saves Communications Associate

Let’s face it. A military pension and social security will likely not be enough to sustain a comfortable standard of living during retirement. So, enhance your retirement savings for tomorrow by enrolling and saving automatically in the Thrift Savings Plan (TSP), an Individual Retirement Account (IRA) or other employer-sponsored retirement plan today.

Read more...

Financial Planning Days Celebrates 5 Years of Free Financial Counsel

Written by Guest Blogger · 15 October 2014

The following post comes from the America Saves blog.  Follow them on Twitter and Facebook.

Find a free event near you

Financial Planning Days, a joint endeavor by Certified Financial Planner Board of Standards, Inc. (CFPBoard)Financial Planning Association® (FPA®)Foundation for Financial Planning, and the U.S. Conference of Mayors, is celebrating its fifth year.

Read more...

4 Reasons to Contribute to the TSP—Despite Having a Military Pension

Retirement TSP
Written by Guest Blogger · 14 October 2014

By Kisha A. Taylor, Writer/Editor, Federal Retirement Thrift Investment Board

The Thrift Savings Plan offers you the chance to save for additional retirement security at extremely low cost. But you may believe you don’t need to save for retirement because you’ll receive a pension after 20 years of service. Truth is, your military pension alone may not be enough.

Read more...

Tip of the Day

  • Written by Guest Blogger | March 13, 2014

    Start an emergency fund by saving $10/week or $40/month to save $500 by the end of the year http://ow.ly/rswS2

Saver Stories View all »

One Sailor's Course to Financial Freedom

Written by Super User | November 26, 2010

We all know its not easy to get out of debt once you in over your head. But it can be done with the sound advice and support that the Military Saves program offers. I am a testament to that. I was a recently divorced, single mother. Like many people I had credit card debt, a car loan, bad credit, and a low income job that never seemed to be enough to put food on the table.

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...

Savers Pledge Leads to Savings Success

Written by Super User | October 13, 2011

My name is Rob and I am a Staff Sergeant in the Marine Corps Reserve. My financial success is a huge result of the Military Saves Campaign.

My journey began five years ago after marrying my wife, Lisa. We entered our marriage with no savings plan in sight, carrying debt and living in a tiny apartment. After seeing an advertisement for Military Saves, we decided to grab the reigns of our finances and implement a positive financial plan.

Read more...