Posts Tagged ‘savings’
If you are like most military families, bills, money and finances, in general, are fresh in your mind. Most military families have credit card debt, mortgage payments, large grocery bills, auto loans and countless other bills and expenses required to support and raise a family.
Every store we visit right now is bombarded with marketing posters, ads with sales on toys, holiday decorations, the latest electronics to look for and more. With all of the distractions, military families are often enticed by the buzz of holiday shopping. Are you tempted to spend too much this holiday season? Check out these quick tips on how to enjoy the holiday shopping season, while not derailing your future financial health.
It’s an unpleasant thought, but a financial crisis could strike when you least expect it, so you’ll want to be prepared. Protect yourself by setting up a cash reserve so you have funds available in the event you’re confronted with an unexpected expense. Otherwise you may need to use money that you have earmarked for another purpose–such as a down payment on a home–or go into debt.
Military families face plenty of financial challenges. If you’re saving for college or retirement, buying a home, or wondering how to help secure your family’s financial future, don’t overlook these five important benefits available to military members.