Weekend Wrap-up: Military Personal Finance Articles You Should Read (9/30-10/6)

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, from our military financial blogger community. So, without further ado, here are this week’s articles:

  1.  Separating From Active Duty – When Is It Time to Leave the Military?  In this Military Wallet article, Ryan Guina goes over a lot of the reasons why you might choose to leave active duty.  Perhaps one of these reasons will resonate with you, and help you develop your mindset on post-military life.
  2. Six Ways Living Off Base Can Be a Financial Suck  In this Military One Click article, Rob Aeschbach outlines some of the benefits of living on base.  While onbase housing isn’t always the best option (or even a viable option, depending on your duty station), you usually can’t beat the commute.
  3. 6 Month Deployment Savings Challenge:  $54,000  Spencer, from the Military Money Manual, outlines his savings plan for an upcoming 2017 deployment.  We’ll have to stay tuned with him during the course of his deployment to see how things progress.
  4. 3 Things to Check on your LES Every Month   In the first of two Paycheck Chronicles articles, Kate Horrell goes over three critical items to track on your LES each month.  Failure to do so might leave you at risk for losing leave, pay, or more.
  5. Parents to Be:  Are Your Ducks Ready?  In this article, JJ Montanaro challenges soon-to-be parents to make sure they’re prepared for parenthood.  You’ll definitely want to read this and make sure you’re ready.  JJ–congratulations on grandfatherhood!

Also, if you missed it, here is this week’s previous Military in Transition article:

My Term Life Insurance Experience  This article outlines my personal experience in obtaining a life insurance policy…not as a financial planner, but as a customer.  If you’ve been considering a life insurance policy but are daunted by the process, you’ll want to read this article.

If there’s an article that I missed, please feel free to post a note in the comments section below.  Also, if there’s anything I can help you with, feel free to email me or join the Military In Transition Facebook Group!

About Forrest Baumhover

Forrest Baumhover is a Certified Financial Planner™ and tax professional. His firm, Westchase Financial Planning, focuses on the unique financial planning needs of servicemembers and families looking to separate or retire from active duty.If you’d like to learn more about Forrest or his services, please check out the About Forrest page at the top of this article.
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