Smart Military Money
Personal finance tips andadvice for the military lifestyle.
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Whether you live on a military base or not you have to get around somehow. You shouldn’t think cars are your only option though, especially with gas prices hovering in the $3.50 range. This week’s military personal finance roundup is all about transportation and its costs. Read on to find out what mode of transportation might best suit you.
Saving money can be difficult when unexpected issues occur and you have to drop some hard-earned cash to fix a problem. During this time of year, homeowners are especially vulnerable to some tricky, yet avoidable, money drains.
Make sure you don’t fall prey to them by avoiding these five fall money drains. You will rake in the savings!
Autumn started last weekend. It’s a season of change, so this week’s military personal finance roundup is theme in financial changes to make this fall. It can be anything from setting a savings goal for the rest of year or reducing your spending until the holidays. What are your financial goals for fall?
Summer may be over, but your debt from summer travels might not be. There’s nothing wrong with treating yourself and your family to a relaxing vacation, but you might have spent more than you planned for initially.
“It can be especially hard to pay off debt for something like travel, where you’ve already ‘used up’ what you have purchased,” said Gerri Detweiler, Director of Credit Education at Credit.com. “But paying if off quickly means you’ll free up money toward other financial goals.”
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Nobody’s perfect. It’s natural to make mistakes, even with your hard-earned money. That’s why this week’s military personal finance roundup features blog posts about money mistakes: how to avoid them, correct them and never commit them again.
Some form of debt haunts most Americans. But a new study reveals that members of the military accrue debt at alarming rates when compared to civilians. This debt can endanger service members’ financial lives (and their jobs) if left untouched.
Approximately 36,000 active members of the military have security clearances recently requested financial help due to large debt threatening their clearances, according to nonprofit VeteransPlus in an NBC News article.
Is leaving the service the right thing for me to do? This question poses a dilemma for military service members when they reach a financial impasse in their military careers — typically at 20 years in the armed forces — to stay in the military or get a civilian job.
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The military personal finance roundup this week carries a simple theme: minimalism. Pure minimalists apply the minimalistic logic to all facets of their life. But for the purposes of this blog, we’re just focusing on minimalism and its application to your finances. See More
As more and more businesses aim for fully integrated social media campaigns, banks and credit card companies are expected to be among the next wave of companies to join the party.
One of the pioneers in this effort is China’s Sina Weibo, a microblogging social media platform that functions like a hybrid of Facebook and Twitter. The company has teamed up with China Merchants Bank to create one of the first social credit cards, a program that will offer a variety of hyper-targeted offers and promotions and will reward users for using the site to shop.
You just graduated from college. Whether you or your parents handled your finances these past four (or five or six) years, you are probably in need of some financial advice as you start your career and become self-sustaining in your 20s. What should you do with your money now?
Here are nine helpful tips you can use to become financially independent and make the most of your money — whether you’re in the military or not.
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