MILSPOUSE BLOG
If someone offered you free money, would you take it? Of course you would! If your service member has a Thrift Savings Plan account or you have a 401(k) plan through your employer, you may qualify for “matching contributions” — money that the government or your employer kicks in when you contribute to your retirement…
Read MoreOctober is known for pumpkin spice lattes, changing leaves and sweater weather. It’s also Financial Planning Month — a perfect opportunity to take a holistic look at your money matters. So, before you start carving pumpkins this month, carve out time in your schedule to review your finances. Here’s a checklist to help you get…
Read MoreWhat better way is there to celebrate the Month of the Military Child than by giving your kids the tools they need to secure their financial future? This month, I’m passing on some great resources and tips that I use with my own kids that can aid you in teaching your children about money, even…
Read MoreWhy MilSpouses Should Save for Retirement The Defense Department offers eligible service members retirement benefits to prepare for their transition, but it’s also just as important for military spouses to plan for their own retirement. With frequent relocations and job changes, it is often difficult for military spouses to consistently save for retirement. Here are…
Read MoreBig ticket items can come up at any time of the year. Some we can predict and plan for and others we don’t see coming. For those unexpected expenses, experts recommend having a separate cash account to cover emergencies. Ideally, you should have three to six months of living expenses set aside. If that seems…
Read MoreWe would all like to find creative ways to reduce our spending, right? Maybe it means we’ll have a little extra money for that family trip, or we’ll be able to put more away for retirement. Here are 17 smart and effective ways to reduce your spending. Consider a Spending Plan, Cutting Back 1. Make…
Read MoreBecoming a parent for the first time may be the most exciting (and scariest) time in your life, especially for your finances. Between diapers, day care, extra life insurance, and saving for college, there’s really no way around this fact. Kids cost money! Since your little bundle of joy probably won’t come with a bundle…
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