Category: Military Money
  • Sort by:
  • Latest
  • Hottest
  • Popular
  • Random
Where to put your savings while you’re in the military

Where to put your savings while you’re in the military

Now that your budget has money to save, where should you put it? There are two basic concepts that should guide all of your investment decisions: minimize taxes and minimize expenses. There are hundreds of different investing techniques and asset classes, and thousands of different types of investments, but study ...

READ MORE +
Simple ways to start saving

Simple ways to start saving

Short post today, folks. It's a straightforward topic and you're probably busy getting ready for the holidays! Before we start, here's another reminder about getting on the road to financial independence:  are you tracking your spending yet? If you've been doing that for a few months, then have you put together a ...

READ MORE +
Frugal living is not deprivation

Frugal living is not deprivation

The military teaches everyone how to live an extraordinarily frugal lifestyle. No matter what reputation your service has, at some point you've lived in a very small room with a narrow bed and little storage. Maybe you did without a room or even a bathroom for quite a while, let alone a bed, and all your ...

READ MORE +
Start saving early

Start saving early

Military compensation and the lifestyle One of Early-Retirement.org's more prolific posters, SamClem, has a very insightful comment on the military's care and feeding of its members: "The military has a highly paternalistic compensation and social structure. The medical needs of you and your family are tended to. ...

READ MORE +
Retiring without a military pension

Retiring without a military pension

By now you've noticed a trend in the chapters from the "simplest" type of military early retirement (staying on active duty for at least 20 years) to the most difficult (separating as soon as your obligation ends). Financially, the best early retirement choice is staying on active duty until eligible to retire. ...

READ MORE +