Saving & investing is supposed to be simple math. We've all read the advice: "Spend less than you earn." "Track your spending." "Make a budget." "Save at least 15% of your income." "Learn your investing risk tolerance." "Figure out your asset allocation." "Buy, hold, & rebalance." "Put your investments on autopilot." How hard could this … [Read more...] about Book review: “Pocket Your Dollars”
Archives for 2012
This guest post is brought to you by Jason Hull. “A man's respect for law and order exists in precise relationship to the size of his paycheck.” --Adam Clayton Somewhere deep down inside, I had the image of turning into the next Michael Dell. I was going to do things from my garage (well, at that point, my back deck), build a company, and … [Read more...] about Guest Post Wednesday: “If You Are Starting a Small Business, Do Not Expect To Get Paid”
(This essay started as a simple little e-mail response to a friend's easy question. It mutated into 4600 words, but it's still simple & easy...) A reader asks: You mentioned offhand that $10K-$30K blogging was a possibility. How would you get there? Sponsored ads? Just generating scads of traffic? There are lots of ways I can think of to … [Read more...] about Beginner’s Guide to Part-Time Blogging for Money
I see that Reserve retirement is a popular search term on the blog again, even more popular than financial independence or military retirement. Here are the recent top three searches: Navy Reserve retirement calculator Air Force Reserve retirement calculator Navy personnel drawdown I thought I'd learned everything I needed to know about … [Read more...] about Reader questions on Reserve retirement Tricare and points
In case you've been underway on a submarine missed the news, last month a NYC police officer was photographed in the act of giving a pair of boots to a barefoot homeless man. Unfortunately, the followup reporting claims that Jeffrey Hillman is barefoot once again. Even more disturbing, it appears that he's homeless by choice rather than by … [Read more...] about Guest Post Wednesday: Homeless Veterans
[Long post today: nearly 3000 words. Take the weekend to read it, and spend some time digging into the links. This analysis may not save your life, but it can certainly save your finances.] A few weeks ago I received an e-mail from a representative of the nonprofit organization LIFE: "As more and more Baby Boomers enter their retirement years, … [Read more...] about Interview: What’s Wrong With Long-term Care Insurance?
This guest post is brought to you by George Papas. As a veteran, I have taken advantage of a number of benefits that have been a huge help to me and my family over the years. You too may be eligible for some of these benefits, so I thought I’d provide a bit more information on a few of the main ones that are available to United … [Read more...] about Guest Post Wednesday: Financial Relief for Veterans
This guest post is brought to you by Linda Forshaw. The first thing that retiring military personnel will want to do at the end of their service is to see family and friends, meet the babies that have perhaps arrived in their absence, and probably enjoy a few drinks. The next thing they might consider is their … [Read more...] about Guest Post Wednesday: From Battlefield to Boss– MBAs for Ex-Military Personnel
"Should I stay or should I go?" Yeah, I know, I can still hear that Clash hit rockin' Bancroft Hall's passageways at the Naval Academy. It "encouraged" the plebes to think about their choice to quit or stay, but the tune became my personal retention anthem for most of my career. A reader asks: I was wondering whether it would be possible for … [Read more...] about Should I Get Out of the Military, or Stick Around for Retirement?
(You're reading today's post while I'm starting the USAA blogger conference. Sorry, I won't be livecasting to Facebook or Twitter every 10 minutes-- I'll be paying attention to the speakers and asking good questions! I'll also try to have a conference wrapup post ready to go for Monday.) A reader asks a perennially popular and critical … [Read more...] about Will you work after military retirement?