We’ve talked about why to budget and tips on creating a budget, but what about the practical application of spending that money? Shopping is part of our daily lives, and as most of us have experienced, it can sometimes be a “dangerous” activity—if we don’t have a plan.
FINANCIAL PLANNING
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.
10 Tips on Making Your First Joint Budget
From June 2011 until March 2014, I was flying solo with my budget, but this month, that all changed. Mark and I have now merged our finances and have begun budgeting together.
5 Tips for Making the Most of Your Tax Refund
Although tax season is often the most dreaded time of year, many consumers actually look forward to getting what’s owed to them, particularly since in recent years the average federal income tax refund has been in the $3,000 range.
5 Tips to Protect Those Who Depend on You
Talking about life insurance can be difficult. It’s a heavy topic in both its financial and emotional implications; after all, life insurance is about trying to protect the financial secret of those who depend on you after you’re gone.
Once you realize why having life insurance is important, the next step is actually purchasing it. While the process can seem overwhelming, these five tips can help make your life insurance purchase decisions easier.
5 Benefits to Budgeting
You are probably tired of hearing the word “budget,” and how Congress is handling our nation’s money, and how the budget cuts will be affecting us as military families. The future feels very uncertain, and we might feel out of control if this is where we mainly put our focus.
3 Tips for Tax Time
According to the old Army cadence, “They give you a $100 and take back $99.” April 15, tax deadline day, is quickly approaching and hopefully you can get some of the $99 back.
Personally, I was fired from doing our personal income taxes a couple years ago after failing to mail our payment to the IRS. In my defense, I did the return, wrote the check, addressed the envelope, and put the postage on it. Unfortunately, it didn’t make it from my desk to the mailbox.
That was an expensive lesson to learn, although I’m not that sad about no longer being “in charge” of the tax filing…
Which category do you fall into? Are you procrastinating because you moved last year and don’t remember where you put all the receipts and other important tax papers? Or, are you the organized person who is the first person in line the day your installation tax center opens?
If you’re like many and procrastinating or finding that frequent moves cause confusion at tax time, these tips and resources might help this year and in the future.
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