Financial Independence Asset Allocation – My 2014 Portfolio
2014 marks the first year I’m on pace to max out my Roth TSP and Roth IRAs. For the Thrift Savings Plan, I setup automatic deposits on myPay at $1458 per month, which …
Investing
What to Do With X Dollars and Y Years to Invest It
This question frequently comes up on the Personal Finance subreddit. I have $5000, where should I invest it? However, this question is missing a critical component: time. Without a time frame, it’s …
My Plan for Military Financial Independence by Age 40
Hello, my name is Spencer. I’m a twenty-something officer in the US Air Force and the sole writer of this site, Military Money Manual. I love writing and reading about …
What Does Cyprus Teach Us? Diversify
Diversify, diversify, diversify. This woman lost $200,000. This guy lost $1,000,000. Why? Because the evil bankers stole their money to fund a bank bail out because the banks were over …
AirBnB.com Hosting Review – How I Let Strangers Pay My Mortgage
Update Feb 5, 2014: We’ve made $4994 through AirBnB since Feb 2013! That’s over five month’s rent! When it comes to making extra money while serving in the military, it’s …
The Power of the “Bills” Account
I’m a big fan of responsible credit card use. (Unlike some financial “gurus.”) With a few cards offering 5% cash back and most good credit cards offering 1-2% back on …
Roth TSP vs. Roth IRA
A buddy of mine recently asked: Can you double dip Roth TSP and Roth IRA? (Contribute the maximum to both plans in one year) YES! Technically, I wouldn’t call it …