When I started this blog, one of my goals was to make military compensation easier to understand. That’s why I’ve been writing posts like the one on the Personal Statement of Military Compensation, and the one on the Leave and Earnings Statement. If you understand those things, … [Read more...] about Pay vs Allowances: What’s the Difference?
Military Mondays
80+ Things You Can Learn From Your Leave and Earnings Statement
ON MONDAYS I DISCUSS FINANCIAL CONSIDERATIONS THAT SPECIFICALLY RELATE TO U.S. SERVICE MEMBERS. IF YOU HAVE ANY QUESTIONS OR TOPICS YOU’D LIKE TO SEE DISCUSSED, PLEASE LEAVE A NOTE IN THE COMMENTS OR EMAIL ME AT MILITARYDOLLAR@MILITARYDOLLAR.COM. Every month, you should be … [Read more...] about 80+ Things You Can Learn From Your Leave and Earnings Statement
The Thrift Savings Plan
Thrift Savings Plan Basics The Thrift Savings Plan, or TSP, is a retirement savings plan for current and retired employees of the federal government. It is the federal government equivalent of a 401(k) plan, and follows basically all of the same rules. Like a 401(k), the TSP … [Read more...] about The Thrift Savings Plan
All About That BAS, ‘Bout That BAS (no taxes)
Before we get started, let me warn you – BAS is actually kind of a political grenade. I know! I thought it’d be fairly boring too! But if you read through to the end, you’ll see there are actually some quirks in the law governing BAS that will either make you fist pump or frown, … [Read more...] about All About That BAS, ‘Bout That BAS (no taxes)
Vet Tix: Giving Something to Those Who Gave
Okay, this one isn’t exactly a personal finance blog post. But, it could definitely help military and veterans save some money. I just heard about this and apparently I’ve been missing out on one of the coolest non-profits for military families. Have you heard of Vet Tix? From … [Read more...] about Vet Tix: Giving Something to Those Who Gave