Military Saves Blog

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

Do you know the credit score basics?

Debt Credit Score creditscorequiz
Written by Guest Blogger · 19 July 2016

By Madeline Daniles, America Saves Digital Communications Manager

What you might not know about credit scores could cost you thousands of dollars on a single loan, according to a new survey by Consumer Federation of America (CFA) and VantageScore.

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Understanding Investment Performance Claims

Investment Investor Alert SEC
Written by Guest Blogger · 14 July 2016

By the SEC Office of Investor Education and Advocacy

If you are in the market for an investment, you will likely come across sales and marketing materials that describe an investment’s performance. You should know that performance information can be presented in many different ways. Before making a decision, always make sure you understand how any performance claim is calculated and presented – and whether or not the claim is reliable and applies to your particular circumstances. Here are a few things to consider.

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Millennials, Don’t Take a Vacation from Your Money Goals This Summer!

Military Saves Pledge Military Millennials Financial Goals
Written by Alecia Blair · 11 July 2016

By: Alecia D. Blair, Military Saves Communications Project Manager, AFC® Candidate, FINRA Foundation Fellow

While you may be basking in the summer sun, enjoying some much-deserved leave and time away from your usual duty day responsibilities, now is not the time to take a hands-off approach to your money.

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Challenge Yourself to Save, Military Millennials

Savings Personal Savings 30 days of savings MFLN
Written by Guest Blogger · 05 July 2016

By Barbara O’Neill, Ph.D., CFP®, Rutgers Cooperative Extension

July is “hump month” for personal finances. Half of the year is already over but there are still five + months to make positive financial management changes, such as saving money, reducing income taxes, and paying off debt. In an effort to help military families build wealth, the Military Families Learning Network Personal Finance (MFLNPF) team is sponsoring the 30 Days of Saving Challenge during July 2016. Military Saves is encouraging military families to accept the challenge!

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How to Travel & Save Big!

Savings Tips Military Millennials Travel
Written by Guest Blogger · 28 June 2016

Corrinne McKenna, AFC® Candidate, FINRA Foundation Fellow

Members of the millennial generation tend to place a higher value on travel and experiences than they do on tangible items, such as cars and homes. If you’re a military millennial, there are dozens of resources you can take advantage of to save yourself big bucks on incredible travel adventures. Here are some ideas to get you started!

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Tip of the Day

  • Written by Guest Blogger | May 1, 2014

    Check out the FREE "My Military & Money" app for servicemembers from @BBB and McGraw Hill Financial. More info at http://ow.ly/uMX9f

Saver Stories View all »

60 Teens participate in Massachusetts Youth Saves Program

Written by Super User | November 26, 2010

During the months of June & July, 60 teenagers aged 13-19 from Marine, Coast Guard, Army, and Air Force families attended Youth Saves programs across the Commonwealth of Massachusetts to help increase their knowledge of financial literacy.

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On the Right Track to Build Wealth

Written by Super User | April 16, 2013

My name is Robina Wahl, and I am a military wife and a veteran. Although I am fairly new to the Military Saves Campaign, the message to “Build Wealth, Not Debt” reassured me that my husband and I were on the right track and doing the right things.

I have always been pretty responsible when it comes to saving and living within my means, but I was not prepared for the unpredictable employment lifestyle of being a Reservist and military spouse.

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Regular Savings is the Key to Success

Written by Super User | November 26, 2010

My name is Chris Strong. I joined the Air Force on 25 March, 1985. On that day, my financial life changed forever. I was introduced to saving bonds in Basic Training. Savings bonds were the big thing back then just like the Thrift Savings Plan is today. A Colonel gave us a briefing. I cannot remember his name but I can remember the 100 savings bonds he had posted to a piece of card board. He gave us a speech on the importance of saving money and how it can change your life. He inspired me to save.

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