Military Saves Blog

Blog

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

What Savers Say

Savings Tips
Written by Tammy Greynolds · 23 July 2014

If you read the blog, like us on Facebook, or follow @AmericaSaves on Twitter, you know that we love to share the best tips and advice on personal finance, savings, budgeting, and managing debt that we can get our hands on. We realize, though, that often the best advice comes from you, the saver.

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Decision Making: Living On or Off Base

Housing PCS
Written by Guest Blogger · 22 July 2014

By BrianaHartzell, Community Manager, USAA

This post  was originally published on the USAA Member Community blog. Find it at usaa.com 

Moving comes with many decisions, but one of the most important will be deciding whether you would like to live on or off post. Housing options are different depending on where your next assignment brings you, but there are a few things you should consider while making your decision.

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Veterans Financial Coalition Formed to Serve Financial Needs of Transitioning Veterans

Veterans
Written by April Crews · 17 July 2014

A new coalition to serve the needs of transitioning veterans was formed last month, and includes a partnership between five major consumer organizations including Military Saves and our coordinating organization Consumer Federation of America (CFA). The new Veterans Financial Coalition will work to improve the financial security of the nation’s growing veteran population as they return to civilian life.

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Savings Motivation via Text Message

Savings Tips
Written by Katie Bryan · 16 July 2014

Yesterday, we  launched a whole new way to get savings messages straight to your phone.

If you’re not quite ready to take the Pledge to Save, but want text messages on personal finance and savings, text SAVES to 30364. Through these texts you will get savings tips and advice and can decide what you really want to save for.

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Enrolling in the Servicemembers Group Life Insurance (SGLI)

Insurance SGLI
Written by Guest Blogger · 15 July 2014

By Andia Dinesen, AFC®

VP Communications and Operations, Association of Military Banks of America (AMBA)

This post  was originally published on the AMBA blog.

It never fails, as a financial counselor I have heard stories about servicemembers declining their coverage for the Servicemembers Group Life Insurance (SGLI) and their spouses not realizing the servicemember had opted out of life insurance coverage.  SGLI does require a spouse to be notified of changes, such as declining coverage, but it can still happen and it can be devastating.  Of course, no one wants to discuss life insurance.  It can be uncomfortable and sad but nevertheless, it needs to be addressed.  The SGLI is a great benefit for servicemembers and their dependents.

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Tip of the Day

  • Written by Guest Blogger | June 17, 2014

    Summer is a great time to teach your child about finance. Start with the Money as you Grow program http://moneyasyougrow.org/ 

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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Meet Wacinque BeMende

Written by Super User | November 26, 2010

Meet Wacinque BeMende. He’s so passionate about encouraging savings and promoting financial literacy, he’s established his own Kid’s Savings Program. Wacinque donated $15,000 to the Community Action of Laramie County in Cheyenne Wyoming to begin the Wacinque “ Rhino” Fund Endowment to help kids open savings accounts.

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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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