COVID-19 Resources

Military Saves is committed to ensuring military families have the information they need for their well-being. Here is a list of savings resources to help during the COVID-19 (Coronavirus) crisis. This page is being updated as new resources come in.

04.09.2021

Your TSP: How to Make Your Money Work For You

Written by Cloud Spurlock, Federal Retirement Thrift Investment Board | April 9, 2021

03.26.2021

It’s Time for Your Check-Up; Your FINANCIAL Check-Up

You probably do routine maintenance on your car – get the oil changed, filters checked, and have the tires rotated. And you probably make sure you go to the doctor and have a physical every year or so. But do you ever take the time to do a financial well-check?

03.18.2021

Living the Dream: This Military Couple Retired Early

“Continuous dedication to financial peace pays off,” shares military couple, Denise and Jim. They would know, because at ages 52 and 53, they are already retired. The couple enjoyed life as an Army family for 32 and a half years and started planning for retirement decades ago. Denise shares, “We are not working a paid job, but are volunteering and meeting some personal fitness goals and enjoying some time together after many years spent geographically apart. It can be done!”

01.25.2021

Five Things to Keep in Mind this Tax Season

Is it really that time of year again? I admit it: I dread tax season. I hate gathering my paperwork, tracking down my W2, making sure I have all my interest and dividend statements. Taxes will never be something I enjoy, but at least I can be prepared. Here are five things to help get you ready for this year’s tax season. 

01.13.2021

What You Need to Know About Payroll Tax Deferral Repayment

Last fall, we talked about the  that affected most military members and many federal employees. The deferral equated to a four-month, 6.2% increase in pay. But the catch was that it was just a temporary boost and needed to be repaid in 2021. Well, the time to repay those taxes has arrived, and here is what you need to know before the first pay period of the year.

01.13.2021

From Shopaholic to Saver

Many of us spend too much money on things we don’t need, but we don’t always know why. It’s easy to get a quick fix from retail therapy, but before we know it, our hard-earned money is gone. Oftentimes, when we engage in a “shopaholic” lifestyle or sporadic shopping sprees, we still experience feelings of emptiness, but to make it worse, we now have debt, too.

01.04.2021

Ten Great Ways to Spend Your Second Stimulus Check

The federal government has started sending out the second round of stimulus checks (more formally called Economic Impact Payments). These may be the final round of payments to go out, so having a plan in place is key.

12.11.2020

Three Things About Money That I Learned from Hallmark Movies

The leaves have fallen, the air is crisp, and the flavors have shifted from pumpkin spice to peppermint mocha. Yes, it’s winter and time for the television programming lineup to be filled with movies that have improbable plot twists and lots of foreign princes. Yet aside from the epically decorated houses, the fake snow, and the cheesy love stories, you can actually learn some money lessons from these holiday flicks.

11.13.2020

Building a Six-Figure Savings While Enjoying Life

Does the idea of saving up hundreds of thousands of dollars seem impossible? How about doing it while still living an enjoyable lifestyle?