A military personal finance roundup about Valentine’s Day seems too easy. It also seems unoriginal. Most people feel strongly about this “holiday,” either relishing in chocolates, flowers and teddy bears or despising it as a ploy by Hallmark. So instead, this roundup focuses on important findings from Federal Trade Commission studies. Admittedly it’s a bit [...]
With the pocketbook shock of the holidays behind us, many decide to take advantage of the new year and make a resolution to manage finances responsibly. For most, this means sticking to a budget, living within their means, relying on credit less often and, of course, getting out of debt. Realizing your debt is split [...]
If you’re new to the military, chances are you have a lot to learn about a lot of things. It’s a new way of life that comes with significant changes, including financially. You want to be sure to start your financial life in the military off right in order to set yourself up for success [...]
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’ [...]
Another week, another military personal finance roundup. Again, we’re highlighting some of the best posts from other personal finance blogs. This week there are a few great pieces with tips on how couples should handle their finances among other topics.
As April came to a close and May started, personal finance blogs overflowed with the best approach to a new month. Plenty of other topics surfaced as well, and we sifted through the blogs to find the best. This week’s military personal finance roundup covers everything from tipping to saving.
Although having a credit card is good for military families in emergencies, not all service members and spouses have or want one. Even those who carry plastic try not to use it for fear of losing control of their finances. Responsible credit card use can help consumers develop and strengthen their credit score. But that’s [...]
Military members are more likely to have a credit card than civilians. They’re also less likely to pay their balance in full. Those findings come from a 2010 survey conducted by the FINRA Investor Education Foundation. They also suggest that some military members may be struggling to stay afloat financially. Carrying credit card balances can [...]
This is day four of our series Put a Bow on Your Holiday Budget: 6 Days of Advice. For those struggling to get credit, a rent-to-own store may seem like the best option for big purchases such as appliances, furniture and televisions. But rent-to-own programs are a trap along the lines of payday loans that you [...]
It’s a dangerous world when it comes to shopping—colorful sale signs, overly peppy salesmen and the ever-so-enticing point-of-purchase displays. Okay, so maybe dangerous is a stretch, but everywhere you go marketers have made a career out of stirring your impulse to buy. The danger doesn’t revolve around an advertising conspiracy; rather it involves your budget [...]