Here at Mission: Milspouse, we know the added puzzle piece of financial planning the military lifestyle throws at you.
We’re here to help!
Our money savvy bloggers can help you financially prepare for any big obstacle that comes your way.
Whether it’s getting finances in order before a deployment, making those scary money decisions during a PCS, or looking towards future as retirement gets close, Mission: Milspouse has the 411 on the 401K and all things finance.
Here you’ll even find resources to get you on the right path of financial stability, accounting lingo and literacy to advocate for yourself and your dollar, and even how to work the credit card game as a military family.
We help your military money work for you at Mission: Milspouse.
Spring is here in San Diego—well, at least it feels that way! Which means so is spring cleaning. Although the winter months and holidays are a very fun time of year, they can get expensive; you may have found yourself putting a little too much on the credit card or over-stretching your budget a tad. So as you throw out your old holiday decorations, don’t forget to clean up and straighten your finances as well.
In the midst of packing bags and saying goodbye during your service member’s pre-deployment, emotions are running high. It’s difficult enough to make time for the grocery store, let alone worry about organizing your finances for the next few months or years. However, it is imperative to have this conversation with your spouse before they leave, especially if you will be paying the bills.
Through my 20 years of experience as a leader in the Marine Corps and current position as the business development officer and military relations representative at Miramar Federal Credit Union, I have a few valuable tips that will make this transition as easy as possible.
Good credit habits, like good gym habits, aren’t built overnight. They take time and discipline to develop.
The challenge for a lot of people is knowing where and how to begin.
If you’re ready to start today, these six habits can help you strengthen your financial portfolio and get you on track to homeownership.
Dear, Field Problems:
My husband is in the Army, and we have a lot of credit card debt. It is a struggle to pay them each month along with other bills. Any suggestions on the best way to deal with our credit card debt so we have some financial freedom?
Concerned Army Spouse
When it comes to buying a house, it’s no secret that credit scores matter. The higher your scores, the easier your access to the most sought after mortgage terms and interest rates.
To be sure, you don’t need sky-high credit to land a home loan. That’s especially true for VA home loans, which tend to feature more flexible and forgiving credit standards. But a solid credit profile can help maximize your budget and your buying power.
Here’s a look at three common mistakes that can hurt your credit, along with some simple yet concrete solutions.
My husband and I are committed to living debt free. For us, this means that even during the Christmas season, we don’t use credit cards or loans to purchase anything. Not even for the reward points that some companies offer on lines of credit. Still, we’re able to provide a nice holiday for our family.
So, how can you enjoy the holidays and remain debt free?
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