Military members are accustomed to significant challenges. Combat tours, deployments, and frequent transfers are just a few of the difficulties they face on a frequent basis. Perhaps because of this stress, many military members experience significant struggle when it comes to getting ahead financially.
A recent FINRA study reveals that despite a regular paycheck, military members are struggling with significant debt. 82% of military families carry an average credit card balance of $10,000 – and it gets worse. One in four service members reports overdrawing their checking account in the last year, one in five has used a payday loan or auto title loan in the past five years, and only one in two has an emergency fund.



Most investors stick with the basics and invest in long-term, tax advantaged accounts for their retirement savings, such as pension plans,
Early retirement…most of us want it, but few actually have the motivation and the know-how to get it. Just like a regular retirement, at or after age 59 1/2, retiring early requires planning and saving. But that doesn’t mean it’s easy.
If you wear
Possibly one of the greatest benefits to U.S. government or military service is the Thrift Savings Plan. The Thrift Savings Plan (also known as the TSP) is a retirement savings and investment plan offered to current employees of the military and federal government.
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There is a great debate among active duty military regarding
The U.S. Federal Government’s
Traditionally, attending college has been associated with increased earning power, decreased employment volatility, and long-term financial success. In fact, according to studies done by the
If you are able to keep your expenses in check and
Nowadays it seems like everyone has their favorite
Benjamin Franklin’s image is indelibly printed not only within the American psyche, but also on the largest issue of currency printed by the U.S. Treasury – the $100 bill. It would be hard to choose a more appropriate founding father to feature on the $100 bill, seeing as how prior to his tenure as one of the greatest and most famous statesmen of the American Revolution, Franklin was the founder and proprietor of a printing shop.
Between heating and cooling your home, gassing up your car and watering your lawn, energy costs are one of the most significant expenses that many of us face on a monthly and annual basis.
Those of us who are passionate about paying down debt, saving for the future, and investing are no doubt familiar with traditional, tax sheltered investment accounts.
