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Entries for the ‘Military Money’ Category

Managing Money While Deployed

Jeff Rose is a Certified Financial Planner(TM) and co-founder of Alliance Investment Planning Group. He is also the author of Good Financial Cents, a financial planning and investment blog. You can also learn more about Jeff at his website Jeff Rose Financial.
In January 2005, I left the comfort of my family and home and began [...]

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Veteran’s Day Free Meals and Discounts

Veteran’s Day is soon approaching and there are several companies who want to thank our veterans by providing them with discounts or a free meal. To those companies offering veterans a free meal or discount, we give a collective thanks.
To all who served - a simple thank you is never enough. But I’ll say it [...]

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Behind the Scenes: Why the War in Iraq Really Costs $12 Billion a Month

Editor’s note: This is a guest post contributed by an anonymous Soldier who has been involved in the War on Terror in Iraq. He are a few of his experiences, and his opinions on why the war in Iraq costs so much money.
The war in Iraq costs the American tax payers an estimated $12 [...]

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October Commander’s Call

It’s October now, which means it’s time to take a look back at some of the top military money articles from September. That also means it’s the beginning of the fiscal year, which often means there is more fundig available for many military units. I always remembered the budgets getter tight near the end of [...]

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In the Military? You Should Join USAA

When I was in the USAF, one of the best financial decisions I made was to join USAA. For those not familiar with USAA, it is probably the best all around financial institution on the planet. I have been a member for about 8 years now and I have no plans to leave for another [...]

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Commander’s Call - August Edition

Welcome to Augusts Commander’s Call. There are a lot of great military money articles out there. Before we get started, there is a big announcement that affects several million military members and their families.
USAA Increases Its Pool of Eligible Members. This is great info for millions of people who may now be eligible for USAA [...]

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Monthly Commander’s Call - July Edition

I plan on doing a recap of some of the best articles in the military money category every month to highlight information that will be valuable for military members, verterans, and their families. So far, I haven’t found very many military money blogs out there, but those that are around are providing a valuable service [...]

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Do Military Members Get Paid Enough?

Last week I wrote an article on my other website about food stamps in the US and how they are not providing enough assistance for some people. Many people are finding that food prices are quickly rising and they are running out of food stamp benefits before the end of the month. In some parts [...]

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Excessive Debt Can Ruin Your Military Career

Military members are held to a higher standard than civilians. You must maintain a certain level of fitness, you must have professional bearing at all times, and you cannot abuse alcohol or illegal drugs. Failing to do these things can be extremely detrimental to your career.
But did you also know that you cannot have excessive [...]

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How Does the Economic Stimulus Rebate Affect Military Members?

With tax season coming to an end last week, the next big thing is the economic stimulus rebate which the government approved earlier this year. With that in mind, here is some information about the economic stimulus package, and how it will affect military members.Keep in mind, this information is gathered primarily from the IRS [...]

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Military Member Tax Information and Deadline Extensions

Today is tax day, and millions of last minute tax filers (myself included!) will be streaming by the post office today to send their taxes to the IRS. But what happens if you missed the deadline? The good news is that you can file an extension. That bad news is that if you owe the [...]

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Tax Rules Affecting the Military, Part 2 Taxable Income

Tax season is drawing to an end, and you’ve only got about 2 weeks to complete your taxes before the end of the year. Fortunately, there are several places that provide free tax preparation for military members. If you are looking to do your own taxes, it helps to know which pay and benefits are [...]

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Tax Rules Affecting the Military, Part 1 Non-Taxable Income

Tax season is drawing to an end, and you’ve only got about 2 weeks to complete your taxes before the end of the year. Fortunately, there are several places that provide free tax preparation for military members. If you are looking to do your own taxes, it helps to understand how the military pay system [...]

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Understanding USAA’s Subscriber Savings Account

USAA is my favorite bank and the company with which my wife and I insure our home and autos. You can’t beat their customer service, and their insurance premiums are always some of the lowest you will ever find! I have been a happy USAA customer for about 7 or 8 years now, and [...]

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Reader Question: “What Should I Do With My Reenlistment Bonus?”

I was talking to my military friend Phil last night (name changed to protect the innocent!). Phil is reenlisting in the military next week and will be receiving a $28,000 reenlistment bonus. That’s some sweet cash, and he wasn’t sure exactly what do with it. He asked me what he should do with his reenlistment [...]

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