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Many of us have felt the stinging consequences of compulsive spending. For some of us it’s a one time experience. We learned and we were able to control our spending the next time a temptation came our way. For others compulsive spending is a way of coping with stress, disappointment or other negative emotions. For others it’s an addiction. For the past several years I have talked to many military spouses who struggle with compulsive shopping – especially when deployment is involved.
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Few acts are greedier than scamming trusting or elderly veterans out of their money.
It’s hard to imagine criminals going after veterans’ money, but it’s a sad truth. Whether the scammers know their victims are veterans doesn’t make it any less cold-hearted. To reduce the number of veterans getting scammed, read about these types of scams and how to educate veterans in your family or community.
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This is the second piece in a two-part series on Power of Attorney. (see part 1)
Now that you know the basics about receiving Power of Attorney from a service member, it’s time to learn what responsibilities come with being an attorney-in-fact, or agent, when your service member deploys. Here’s a look at the most important matters that agents often handle. See More
The month of December isn’t just hard on diets. It’s rough on budgets, too, and even the best budgeters will struggle this holiday season. Despite the necessary expenditures, there are some key ways to make sure you won’t be paying off your holiday debt next Labor Day. Here’s a look at five:
This is the first of a two-part series on Power of Attorney (see part 2)
Service members facing a likelihood of deployment overseas should get to know the concept of Power of Attorney, or POA, which gives loved ones and other trusted friends the ability to enter into and execute legally binding contracts and handle other important needs in your stead.
POA is essential for family members to perform several tasks. But first service members and their families need to have an idea of how giving and receiving power of attorney works. See More
When a member of your extended family is facing deployment or other military moves, it’s easy to feel like there is nothing you can do to help. That can be especially true for military families new to the experience. It might feel like you’re prying or annoying rather than helping.
Here are 5 smart ways to help out a loved one without overstepping your boundaries: See More
For military members, buying life insurance isn’t the only way to guarantee their family’s financial survival. By choosing to participate in the Survivor Benefit Plan (SBP), you can ensure that your family maintains a stable source of income.
Typically, the death of a military member would mean that military retirement pay ceases, which can leave families struggling to maintain. But by participating in the SBP, beneficiaries retain their financial security and may be able to avoid a hefty life insurance premium. See More
Many military members who proudly serve our country have access to tremendous education benefits. But that doesn’t mean they’re always able to breeze through a degree program without incurring any debt.
A unique organization is working hard to help veterans who are struggling with the lingering costs of higher education. The Leave No Veteran Behind program offers to partially or completely pay off higher education loans for veterans who would otherwise receive no aid from the government.
Even though new GI Bills have helped thousands of service members and veterans access higher education, there are holes that LNVB seeks to fill. See More
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