Military Saves Blog
Tips, advice, and the latest news from the savings world.
By: FINRA Investor Education Foundation Staff
Which emotion best describes your pre-deployment state of mind? Excitement? Anxiety? If you’re like many service members, or a military spouse, there’s probably a lot of stress as well. While you can’t eliminate pre-deployment stress, getting your finances under control can help reduce it. Developing a deployment financial plan will allow you to concentrate on your upcoming duties.
By Gretchen Gorline, AFC®, FINRA Military Spouse Fellow
It’s spring, the time of year when flowers are blooming, the weather is warming up…and thousands of military members and their families are preparing to PCS to a new duty station. As soon as those orders drop the search for a home begins, faster than you can type “ahrn.com” (the Department of Defense-sponsored housing referral site) into an internet browser.
By Meghan Northcutt, AFC® Candidate
Although the US military is in a drawdown after engaging in nearly 14 years of war, troops remain very active in deployments. Military Times reports that 49 percent of the surveyed active duty servicemembers describe their operations (ops) tempo as increased when compared to the last five years, while 38 percent describe their ops tempo as unchanged. With a large reduction in force size, it is the Pentagon’s intent that troops will maintain a presence in certain regions.
By Beth Perry, Federal Retirement Thrift Investment Board
April is Financial Literacy Month, the perfect time to reevaluate your spending habits. Can saving $100 today mean having $100,000 in the future? It can if you use time to your advantage. The Thrift Savings Plan (TSP), a low-cost retirement plan for military and Federal civilian employees, helps you do that.
The USAA Educational Foundation
If deployment is on the horizon, you need to prepare for any possible life scenario. Part of this preparation is making sure your financial and legal matters are in order.