Military Finance Network

Payday loans, or cash advance loans, are one of the most expensive forms of short term money you can get. Typical payday loans charge in the neighborhood of 300-400% annual interest rates, and in some cases, much higher than that. These loans are predatory and target those who have little or no savings and typically [...]

When I was in the USAF I witnessed a lot of good and bad financial decisions made by the Airmen I worked with. Some decisions were great, and some were horrible. For example, I knew a MSgt (E-7) who owned 5 houses and rented them out. He also owned his vehicles and a small Cessna [...]

Welcome to the July 4, 2008 edition of the Carnival of Financial Goals - Financial Freedom Edition. This edition is focused on declaring your goal for financial freedom - be it freedom from debt, avoiding credit card use, or being able to retire.
On my other website, Cash Money Life, I wrote about Defining Financial [...]

If you are like me, you probably don’t like being stuck in a cell phone contract. Unfortunately, canceling your cell phone contract often comes with an early termination fee that can run as high as $200!
The good news is there are ways to get out of your contract without paying any fees. If you are [...]

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 [...]

Military members are increasingly becoming targets of identity theft. Thankfully, I have not been one of the countless victims of identity theft. One of the main reasons military members make easy targets is because their Social Security Number is used for tracking everything in the member’s career. Member’s SSNs end up on literally thousands of [...]