Military Finance Network

Personal finance for military, veterans, and their families

Entries for the ‘Personal Finance’ Category

Which Types of Insurance Do You Really Need?

If I told you it was a good idea to spend money on something you may not ever use, you might think I was giving bad advice. While it seems like it might be bad advice, it is actually one of the best pieces of advice I can give you. I’m talking about insurance, which [...]

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Open Enrollment Window Open for Some

The window for open enrollment is currently open in many civilian jobs. Open enrollment, or Open Season, is the one time of year you can make changes to your heath insurance plan without needing a qualifying life event. For most people the open enrollment window is only open for 2 weeks, so check with your [...]

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Why You Should Only Bank at FDIC Insured Banks

What happens when a bank fails? It’s a scary thing to think about, and unfortunately, it is all too common in today’s economy. In fact, almost 100 banks have failed in the US already this year. Thankfully, most banks are covered by the Federal Deposit Insurance Corporation (FDIC), which insures all bank deposits at member [...]

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Carnival of Financial-Planning 10-02-09

Welcome to the October 2, 2009 Edition #109 of the Carnival of Financial Planning.
The Carnival of Financial Planning takes a long-term view of personal financial planning for individuals and families. We focus on efficient and sustainable personal financial planning practices that can lead to lifetime financial security.
This edition is arranged by subject heading, so that [...]

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Money Hacks Carnival – 84th Edition

Welcome to the 84th Edition of the Money Hacks Carnival. This carnival features a variety of recent personal finance articles, reviews, and resources from a wide range of personal finance websites.
What is a Money Hack? A money hack is anything that makes it easier to manage your personal finances, better understand a complex financial topic, [...]

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Money Management Tips for the New Recruits and Recent Graduates

Joining the military is one of the greatest adventures you will ever experience. But life changes significantly once you join the military.
One common experience many military members have is that they are earning more money than they have ever earned before, and there is no one telling them how to manage it. To top it [...]

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COBRA Benefits Subsidy in the 2009 Economic Stimulus Recovery Act

The US economy has been going through difficult times for well over a year now, with stock prices plummeting, real estate foreclosures at all time highs, and unemployment levels higher than they have been in decades. The US government passed a broad economic stimulus package in early 2009 to help people cope with these issues, [...]

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How Much Life Insurance Do Military Members Need?

Life insurance is one of the most important purchases you can make. You want to be able to provide for your family in the event that the unthinkable happens to you.
Why buy life insurance? Life insurance exists for one reason – to provide a source of income for your family or dependents if you are [...]

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Cash for Clunkers Information

Last month the Obama administration approved the Car Allowance Rebate System (CARS), or the Cash for Clunkers Bill. The Cash for clunkers Program is designed to encourage people to trade in their old, inefficient vehicles for newer and more fuel efficient cars or trucks. It is also designed to help the struggling auto industry.
Car Allowance [...]

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Dave Ramsey’s Baby Steps

Dave Ramsey is one of America’s most popular money gurus and is renowned for his tough love attitude toward eliminating debt and working toward financial freedom. Perhaps Dave Ramsey’s most popular training series is his debt elimination and financial freedom program: Financial Peace University.  The 7 Baby Steps are the basis for Financial Peace University.
Dave [...]

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The History of Bring Back Thrift Week

In 1916, with the First World War looming imminently on the horizon, the leaders of America’s major civic organizations launched an ambitious education campaign designed to ready the American public for a wartime economy. Dubbed “National Thrift Week” and sponsored primarily by the Young Men’s Christian Association (Y.M.C.A.), the campaign became a recurring celebration, beginning [...]

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Free Tax and IRA Webinar from USAA

USAA recently provided a FREE webinar on taxes and IRAs called “Tips to Save This Tax Season and Beyond.”The webinar was a huge success, and hundreds of people tuned in for free financial information. The free webinar included tips on saving money on taxes, applying your tax refund to your retirement accounts, and answering viewer [...]

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March Edition of the Carnival of Financial Goals

Welcome to the March 4, 2009 edition of Carnival of Financial Goals. There were a lot of articles submitted this week, but I only selected the best of the best for publication in this edition of the Carnival of Financial Goals.
Editor’s Choice Selections
Green Panda presents Personal Growth and Achieving Financial and Life Goals posted at [...]

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Green Ways to Save Money

Going green is not only good for the environment, but it can also save you a lot of money! Here are some tips to save money while going green:
Use less gas: Using less gas is great for the environment and will save you a lot of money. The best part is that it is easy [...]

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Money Management and Money Saving Tips

Every quarter ING Direct sends out a quarterly newsletter with money saving tips and and additional tips on money management. Here are a few of the tips from this quarter’s newsletter, with a few additional comments and links to help you better manage your money. Oh, and if you aren’t using a high yield savings [...]

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