Military Finance Network

Personal finance for military, veterans, and their families

Entries for the ‘Military Money’ Category

Do Military Spouses Receive a Paycheck?

The military pay system can be pretty complicated, especially for a new military member. It is even more complicated for new military spouses to understand. Marrying into the military transforms your daily life, and if you haven’t been exposed to it before, it can be a culture shock. Unfortunately, it doesn’t come with a manual!
Do [...]

Comments (1)

Financial Planning For Military Families

The way you handle your personal finances is important to the financial stability of every family. Military families face different challenges when planning for the future, especially when service members are deployed. For this reason it is especially important for members of the military to not put off getting their finances in order. [...]

Comments (1)

DoD to Remove SSN from All ID Cards

The Department of Defense (DoD) recently announced they are removing Social Security Numbers from all DoD issued ID cards in an attempt to make them more secure and help prevent identity theft. In my opinion, this move is long overdue, and was the subject of an article I wrote about how military members are prime [...]

Comments (3)

Stimulus Plan Helps Military Members Who Lost Money Due to PCS

The 2009 American Economic Recovery Act, also commonly referred to as the economic stimulus package, contains an assistance package to help US military who lost money on their home during a PCS move. The current economic crisis has affected housing prices around the nation, and the government wants to assist military members who were required [...]

Comments (5)

USAA Subscriber Savings Account Distribution Announcement

My wife and I received our Subscriber Savings Account letter from USAA yesterday. USAA is a member owned financial institution, so if you are a member of USAA, you actually own a portion of the company. The Subscriber Savings Account is one way in which USAA shares its profits with its members.
I think it is [...]

Leave a Comment

Managing Money While Deployed

Jeff Rose is an Illinois area 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 [...]

Comments (1)

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 [...]

Comments (2)

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 [...]

Comments (2)

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 [...]

Comments (2)

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 [...]

Comments (8)

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 [...]

Leave a Comment

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 [...]

Comments (4)

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 [...]

Comments (10)

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 [...]

Comments (5)

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 [...]

Comments (6)