Monthly Archives: August 2016

30 Day Financial Transition Challenge Introduction

Welcome to the 30 Day Financial Transition Challenge!  I designed this series of articles to help you: Capture the financial impacts that your military transition will have on your life Identify, prioritize and address the friction points that come up … Continue reading

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College Planning: The Importance of Establishing Your Negotiating Position

When my oldest son turned 9 a few years ago, I said to him:  “Congratulations!  It’s your half-way birthday!” “What’s my half-way birthday?” “It means you’re half-way to becoming an adult and getting kicked out of this house!” Just kidding!  … Continue reading

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How To Obtain Term Life Insurance After The Military

Previously, I’ve written articles comparing the Survivor Benefit Plan and the closest alternative, term life insurance.  This article isn’t going back to rehash that discussion, but rather answer the question of “How do I go about getting term life insurance?”  … Continue reading

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FAQ: What Happens to My Life Insurance When I Leave the Military?

A common question that I’ve heard is, “What happens to my life insurance (SGLI) when I leave the military?” This is a very important question, and one that you should address when you’re looking to either retire or separate. 

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FAQ: Which is Better, a 30 Year Mortgage or a 15 Year Mortgage?

One of the most common questions that I’ve been asked (and one of the most popular debates that I’ve seen), is the question about whether it’s better to have a 30 year mortgage or a 15 year mortgage.  There are … Continue reading

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Weekend Wrap-up: Military Personal Finance Articles You Should Read (8/5-8/11)

I hope you enjoy this week’s version of the Weekend Wrap-up! Below are five of the top articles that I’ve read this week.  Most of this week’s articles are from our military financial blogger community. So, without further ado, here … Continue reading

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7 Emotional Aspects About Updating Your Will in the Military

Recently, Forrest and I discussed updating our will as we look towards our transition. Basically, it’s a matter of making the time to go to the Legal Office at MacDill to actually do it.  It’s the same old story:

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Why Whole Life Insurance Doesn’t Make Sense for Most Military Families

Life insurance is a complex topic.  When you’re trying to find the right policy for your situation, it’s easy to get confused by the different types of polices that are available.  Two of the most common types of policies term … Continue reading

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Back to Basics – College 529 Plans

This is the next article in my ‘Back to Basics’ series, and is meant for people who may have heard about college savings plans and would like to know a little more.  College planning for your children is a topic … Continue reading

Posted in Back to Basics | 6 Comments