MILSPOUSE BLOG
The Blended Retirement System: By now, many military spouses have heard a great deal about the new Blended Retirement System, also called BRS. This system went into effect Jan. 1, 2018. It is important to know that it does not affect everyone the same way. Even if the BRS does not apply to you directly,…
Post-Deployment Reunion: Reuniting your family following a deployment is an exciting time. You are busy catching up with family and friends, going out and getting back into the swing of things. Odds are, you have noticed many changes, and one is likely your finances. Notably, your spouse’s pay has probably gone down and your family’s…
Handling the myriad of activities leading to a deployment is daunting! You may find yourself juggling necessary household tasks, dealing with emotional stress, and managing financial changes because of the deployment. Here are five key financial planning actions to take before your spouse deploys. Communicate About Your Finances Make sure you are on the same…
Interviewing can be a nerve-wracking experience for the most seasoned worker. The process can be especially challenging for military spouses who also have to deal with frequent moves and finding a job wherever the military moves them. Here are five tips to help you excel at your next job interview. Be Prepared This is your…
We would all like to find creative ways to reduce our spending, right? Maybe it means we’ll have a little extra money for that family trip, or we’ll be able to put more away for retirement. Here are 17 smart and effective ways to reduce your spending. Consider a Spending Plan, Cutting Back 1. Make…
Have you ever had the feeling that your hard-earned money seems to vanish into thin air? Well, it isn’t just disappearing. It’s going somewhere! A budget will help you get a handle on where it’s going. Knowing exactly where your dollars are going is the first step to understanding your current financial situation and taking…
Becoming a parent for the first time may be the most exciting (and scariest) time in your life, especially for your finances. Between diapers, day care, extra life insurance, and saving for college, there’s really no way around this fact. Kids cost money! Since your little bundle of joy probably won’t come with a bundle…
Whether you’re a military family, civilian family, or even the royal family, having a second income is likely a good thing! Yet, it’s a well-known fact that the frequent moves of military life can make it difficult for military spouses to find employment opportunities and contribute to their family’s income. But you don’t have to…
