After the TSP, I invest my money in Betterment and Vanguard. I track all of my investments with Personal Capital. I also wrote a short, 2 hour book summarizing this site. You can buy it here.
T-Mobile offers a military discount to active duty, guard, and reserve servicemembers for their post-paid mobile plans. The company also offers a discount to veterans.
I recently reviewed my T-Mobile bill to see if I was receiving the military discount and discovered I was not! I used to receive 15% off. So I set out to get the discount back on my account.
How To Get the T-Mobile Military Discount
The process is pretty simple. If you have an official military email address that ends in .mil like @mail.mil, @us.af.mil, @us.army.mil, @usmc.mil, @navy.mil, etc, than you can you the Employee Discount (https://validate.t-mobile.com/employee-discount) page and just input your military email address. The entire form should take less than 3 minutes to fill out.
Here is what the form and website look like:
I received an email almost instantaneously at my military address and clicked the confirmation link. I have not yet received a new bill with the discount applied, but I will let you know when I receive a bill with the discount applied.
T-Mobile Veteran’s Discount
If you are a veteran or don’t have easy access to your military email, you can upload another form of ID through the T-Mobile Advantage site: https://validate.t-mobile.com/advantage. Accepted forms of ID are:
- Recent copy of your LES or retiree account statement (within the past three months)
- Veteran’s ID Card
- CWF ID Card
- Military designation on valid state driver’s license
- Veteran’s Advantage Card
- Honorary Discharge Certificate
Make sure you redact or black out anything besides your name on the LES or any other documents you upload. You don’t need to spread your PII everywhere!
Verifying your military service, whether active or veteran this way will take an extra 7-10 days. If you have a valid military email address, I recommend you use that method as it seems to be much faster.
Have you successfully used your T-Mobile military discount? Let us know in the comments!
2 Websites I Use to Achieve Financial Independence
The best way I know to achieve financial independence is to keep your investments simple, diversified, automatic, and low-cost. Costs eat into your returns like you wouldn't believe! A 1% difference in expense ratios can mean $100,000s lost to fees over a lifetime of investing.
Even if you're a DIY (do-it-yourself) investor like I am, you need to check out Betterment. You can read my full review here, but the bottom line is for only $250 per $100,000 invested (0.25% expense ratio) you get simple, diversified, and automated investing. In addition every account now gets free Tax Loss Harvesting+ features, which should increase returns for the average investor more than the minuscule management fee.
If you're not a DIY investor or are just getting started with investing, then you definitely need to check out Betterment. It's what I recommend to my family and friends who aren't strong investors or don't care to learn about asset allocations, diversification, or rebalancing.
I have investment accounts all over the place. To keep track of all of them in one place I use Personal Capital. It combines all of my accounts, shows me where I may be overpaying in fees, and provides beautiful charts showing my overall asset allocation and performance.
I use Personal Capital to track my Roth and Traditional TSP, Vanguard IRAs, banking accounts, SDP, and my Betterment taxable account, all in one place. It's free, secure and presents me with a one-stop dashboard so I can see all my money on one site.
Read my full review of Personal Capital and see how easy it can be to manage your investments in one place. Trust me, once you try it, you'll love it.
P.S. - If you have over $100,000 of assets and a 401k, you really need to run the Personal Capital 401k Fee Analyzer.