Monthly Archives: July 2016

5 Military Considerations About a Debt Management Plan

There are a lot of military families who end up needing help with managing their debt.   Although many people are able to buckle down and work their way out of debt, others may need external help.  One of the most … Continue reading

Posted in Back to Basics, Personal Finance | 2 Comments

10 Auto Accident Lessons I’ve Learned

Let me preface this by saying that since I joined the Navy, I’ve been in five auto accidents.  No injuries have ever occurred, and the police have never issued me a citation in any of these accidents.  With that said, … Continue reading

Posted in Insurance, Personal Finance | 5 Comments

5 Considerations About Your Military Life Insurance Needs

In the military, we’re used to thinking of life insurance as $400,000 in SGLI, whether we need it or not.  However, that’s a ‘one size fits all’ type solution, which isn’t the right answer for most situations.  If we think … Continue reading

Posted in Insurance | 4 Comments

5 Reasons to Consider a Traditional IRA

Everyone knows that tax-advantaged accounts can provide benefits that you don’t get from taxable accounts.  In the military, the Thrift Savings Plan is a great first step towards saving for retirement.  Within the Thrift Savings Plan, you can even choose … Continue reading

Posted in Retirement Planning | 1 Comment

9 Tax Considerations For Transitioning Servicemembers

A transition from active duty is a very turbulent time.  Whether you are retiring, separating, or going to the reserves, there are a lot of financial impacts to your life.  It’s important to take some time to recognize what those … Continue reading

Posted in Military Transition, Taxes | Tagged , , | 7 Comments

6 Reasons to Choose a Roth IRA

Everyone knows that tax-advantaged accounts can provide benefits that you don’t get from taxable accounts.  In the military, the Thrift Savings Plan is a great first step towards saving for retirement.  Within the Thrift Savings Plan, you can even choose … Continue reading

Posted in Retirement Planning | Tagged , | 1 Comment

College: What I Learned From My Grandmother About a Real Education

Along with my mother and my wife, my grandmother was one of the most inspirational people I’ve ever met.  Since I didn’t have a father growing up, she and my mother raised me…and I was hard work.  Into her seventies, … Continue reading

Posted in College Planning | Tagged , , | 7 Comments