1.3% Pay Raise Coming In 2016. The White House and Senate FY 2016 budget proposals provide a whopping 1.3% military pay raise above the 2015 military pay rates. While the House of Representatives has sweetened the pot and propose to increase military pay by 2.3%. Once Congress comes to an agreement and signed into law by the President, the 2016 … [Read more...] about The 2016 Military Pay Chart
Archives for 2015
The Army Combat Engineer School sets the example, by officially opening training seats for women. Combat engineers now open to females, adding more than 20,000 additional positions open to women! In accordance with the The National Defense Authorization Act (NDAA); Available Combat Arms (CA) Military Occupational Specialties (MOS) for Female … [Read more...] about 12B Combat Engineer Officially Opens To Women
Most of my e-mail this month has been about military retirement and disability compensation. Three different readers write: Reader #1: I am a Reserve member with 18 yrs 10 months of qualifying service. 12+ years are active duty time. I was just mobilized and was injured during training. The injury is listed as a grounds for a medical board. … [Read more...] about Should You Choose Medical Separation Or Retirement From The Reserves
I've heard stories and answered questions about financial independence for well over a decade. I realized pretty quickly that I'd never hear it all, but I have to admit that this reader comment on the REDUX post rocked me back on my heels a little. It's a very logical question, yet the consequences would set the servicemember back several … [Read more...] about Can Choosing REDUX Guarantee A Military Retirement?
Over 3.3 million high school students graduated this year, and nearly two-thirds of them started college. Another 1.8 million college students are receiving their bachelor's degrees. Nearly 200,000 of all those young adults will join the military. They also have another new life project: building a credit score. A few of these servicemembers are … [Read more...] about How To Build Your Credit Score After Joining The Military
Everyone wants to be James Bond — using logic, charisma, and fancy gadgets to overcome terrorists and crime syndicates around the world — but the life of a spy isn’t nearly as glamorous as the movies make it. Spies must be nameless and faceless, able to blend into diverse situations without suspicion. More often than not, spies work solo in foreign … [Read more...] about How to Become a Spy Without Leaving the Corporate World
This post is brought to you by John, a fellow submarine veteran who used his military skills to make a successful transition to a similar career in the federal civil service. (If you're interested in contributing at The-Military-Guide.com, please see our posting guidelines. John noticed my submarine commentary at the MrMoneyMustache … [Read more...] about Making The Transition: Federal Civil Service
Modern nurses are independent, adept, and highly educated health care providers who can accurately diagnose, treat, and otherwise provide care for a wide range of medical issues. There are a few places where nurses remain highly revered medical professionals, and one of the most prestigious is the United States Armed Forces. Here, nurses are … [Read more...] about Why All Nurses Should Consider the Military First
A reader writes: "Hi Nords, I have some fears about a market crash that would derail early retirement. If I retire now in my late 40s, it would be near impossible to get my job back in my line of work. It's almost easier to retire even earlier... Because then one would not be too old to re-enter the workplace. You're right about extreme early … [Read more...] about How Do You Survive A Stock Market Crash?
Educational choices can be as complex and as important as investment choices however they are often not treated with the same attention to detail. Education is an investment whether or not a student is personally paying for the cost of tuition. A student is investing their time in addition to the cost of tuition. This time is valuable not only … [Read more...] about Being Smart About Investing In Education