Make sure you check out my guest post on MilitarySaves.org which should help you to make sense of the alphabet soup of retirement savings options.
Military Saves is sponsored by the Consumer Federation of America and supported by the Financial Industry Regulatory Authority (FINRA). They do a great service to the military by promoting financial education, literacy, and preventing investment fraud directed at military members. Military Saves encourages the military community to “Build Wealth, Not Debt.” I couldn’t agree with their message more!
- Financial basics
- Debt control
- Saving for the future
- Protecting your money
- Deployment and PCS
Check it out!
My Top Three Recommendations for Achieving Financial Independence While You Serve
1. Bank with a military friendly bank, like USAA. I've been a proud member of USAA for 6 years now and have never had a better customer experience with any other bank. They charge no BS fees, refund ATM fees, and have the best auto insurance prices for military servicemembers.
2. Use a cashback credit card, like the Barclaycard Arrival World Mastercard. How does a $440 sign up bonus, NO foreign transaction fees, and 2.2% cashback on every purchase sound? Read my review to see why I love this new card.
3. Track your growing investments using Personal Capital. In order to get where you want to go, you have to know where you are. Personal Capital is like Mint.com for investors. While Mint is good for tracking your expenses and getting out of debt, PC is good for seeing your wealth and investments accumulate and grow. Track your Roth TSP, Roth IRA, banking accounts, SDP, and the myriad of other accounts you have all in one place with Personal Capital. It's free and presents a beautiful graphical view of your financial situation. Join today to get the most complete picture of your finances. Read my full review here.