Military Saves Blog

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

April Deadlines Looming: #ASW2015 Designation of Excellence & #MSW2015 Reporting Survey, Financial Institution Awards

#MSW2015 ASW2015
Written by Alecia Blair · 30 March 2015

With more than 32,000 pledges and re-pledges and 700 participating organizations, Military Saves Week 2015 was the most successful to date, thanks to you! Please help us recognize your efforts during #MSW2015 by keeping track of these upcoming deadlines.

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

TSP Savings Millennial
Written by Guest Blogger · 25 March 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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Deployment: More Reasons to Save, and More Options Too!

TSP Thrift Savings Plan Deployment Savings Savings Deposit Program Servicemembers Civil Relief Act
Written by Laura Roler · 20 March 2015

By Laura Roler, Military Saves Associate, AFC® Candidate, FINRA Military Spouse Fellow

Deployment—before, during, and after—can be a stressful time to say the least! Thankfully, there are some benefits offered during deployments that can help offset the challenges, help you get ahead, and improve your financial readiness. Take a look at the following savings options, and plan to take advantage of them for your next deployment.

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Post-Military Saves Week Action Plan: Talk To Your Spouse About Money

Deployment PCS personal finance communication
Written by Guest Blogger · 12 March 2015

By FINRA Investor Education Foundation

Talking about money issues under normal conditions can be stressful. Talking about them while a servicemember is deployed to a remote location can be more so. The best remedy is to communicate regularly about household finances. That way there are no surprises or added headaches when orders arrive.

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What You Need to Know About the Roth Thrift Savings Plan (TSP)

Retirement Roth TSP
Written by Guest Blogger · 10 March 2015

The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to help educate uniformed services members about the Roth Thrift Savings Plan.

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Tip of the Day

  • Written by Guest Blogger | March 21, 2014

    Having emergency #savings may be the most important way to stay afloat financially. 5 Tips on how to start one: http://ow.ly/rswS2

Saver Stories View all »

Airman Succeeds Through Dedication to Building Wealth Not Debt

Written by Super User | October 13, 2011

I came into the Air Force at 23 years old in 1993 with about 12 outstanding bills (hospital bills, car loan, car insurance, school loans, credit cards, etc.). You name it, I had the bill. Thanks to the Family Support Center, Dave Ramsey's Financial Peace University, and many other sources, I now have no outstanding bills.

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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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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.

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