Military Saves Blog
Tips, advice, and the latest news from the savings world.
By Corrinne McKenna, AFC® Candidate, FINRA Military Spouse Fellow
“If you add a little to a little, soon the little will become great.” – Hesiod, Greek poet
Take a moment to think of all of the little things you spent money on in the past week. Maybe you purchased lunch at the food court, an energy drink or coffee from the shoppette and a new movie from the exchange.
By Alecia D. Blair, Military Saves Communications Associate
Housing is probably the largest liability (or debt) you have every month, right? It demands the biggest chunk of your monthly income and can greatly impact how much money you have left to spend on other things, such as everyday expenses, short- and long-term savings goals and paying off other debt. That’s why it’s so important to find your housing affordability number, which is based on a variety of factors. Doing so will help you find not just a house, but a home you can be at ease in.
By FINRA Investor Education Foundation Staff
Rucking 70 pounds, dragging an anchor or slinging cargo. Soldiers, sailors and airmen know these are things that will slow your advance. Debt has the same effect; it can slow or even prevent you from reaching your financial goals. Here are nine tips to help you lighten your debt load:
By Jenny Schaub, Program Coordinator, Hancock County Saves, OSU Extension Hancock County :: This article comes from the America Saves blog.
Summer just ended and I’ve already started thinking about next year. Taking a beach vacation will my “big purchase” for the year, which leaves several months to plan ahead to save for this expense. But am I prepared? Do I have a timeline? Do I have a SMART goal set? My answer to all of these questions is a resounding “YES!” But what is a SMART goal?
By Meghan Northcutt, AFC® Candidate, FFC Candidate, FINRA Military Spouse Fellow
The average American household is nearly $16,000 in debt with $7,400 owed on credit cards. Military families have seven percent higher unsecured debt, such as credit cards, and 15 percent higher monthly debt-related expenses. It’s important to take a realistic look at your debts and create a plan; understanding your household’s debt is imperative to your overall financial state.