DoD News

This week in DoD sequestration news

| December 19, 2014

This week the Beyond the Beltway Insights Initiative released a study on American voters’ views on several topics including Congress, the economy and sequestration. The survey asked for respondents’ views for and against lifting the budget caps put in place as a result of sequestration. The results show that 73 percent approved of lifting sequestration in some form, either full repeal or only lifting the caps on DoD spending.

  • 43 percent identified with the statement “Congress should repeal caps on both military and domestic spending and work for a bipartisan compromise that addresses spending on all areas, including defense, education and law enforcement.”
  • 30 percent identified with the statement “Congress should reverse only the military spending caps. This would allow our military to confront rising threats to our national security.”
  • 23 percent identified with the statement “Congress should keep the spending caps in place on both the military and domestic spending because they are an important tool to reduce spending.”

The study goes on to show breakdowns of each selection by male/female and whether the respondents identified themselves as Democrat, Independent or Republican.

First Command’s November Financial Behaviors Index® study of the American public showed that 39 percent of military families believe Congress will void sequestration before 2016 versus just 14 percent of the general population. What do you think Congress should do, and what do you think Congress will do?



Career fairs offer unique networking opportunities for servicemembers and veterans

| December 17, 2014

As servicemembers in increasing numbers transition out of military service and into the civilian job market, the number of veteran-focused career fairs and expos continues to draw a nationwide audience.

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Prepare for the effects of DoD downsizing and sequestration with emergency savings

| December 15, 2014

Defense downsizing means big changes for America’s career military. As a Financial Advisor for military families, I speak with folks daily who share concerns about what the future holds in terms of career advancement, involuntary separations and changes to benefits.

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DoD News

This week in DoD sequestration news

| December 12, 2014

The ongoing uncertainty over the deep military budget cuts of defense downsizing and sequestration are bringing new stresses to bear on the financial lives of middle-class servicemembers and their families.

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Give the gift of ‘green’ this holiday season

| December 9, 2014

As the holidays approach, regular habits tend to fall to the wayside. Folks who are consistently rested lose sleep, habitual fitness fanatics sink into recliners and, occasionally, even the most environmentally committed citizens loosen up on their personal rules.

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Holiday Spending

A banker’s holiday shopping tips

| December 8, 2014

Believe it or not, just getting organized and staying in communication with your bank can help make your holiday shopping season a better experience. Keep these tips in mind to protect your accounts and make the season financially smooth.

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Military Family at Christmas

Five holiday budgeting tips for military families

| December 4, 2014

America’s career military families will be celebrating their frugal spending ways again this holiday shopping season.

One third of middle-class military families expect to spend less on gifts this year, making it their No.

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Military families cut back on holiday spending

| December 1, 2014

America’s career military families are planning to sharply rein in their gift buying impulses this holiday season, continuing an ongoing trend toward more frugal celebrations. First Command’s annual holiday spending survey reveals that 33 percent of middle-class military families expect to spend less on gifts this year, making it their No.

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Black Friday Shopping

More military families are shifting holiday shopping to Black Friday

| November 24, 2014

America’s career military families are preparing for a dramatic redirection of their shopping strategies this holiday season, with Black Friday emerging as the new centerpiece of an ongoing commitment to frugal living.

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DoD News

This week in DoD sequestration news

| November 21, 2014

The Pentagon once again has plans to submit a budget proposal to Congress that does not take into account the sequester-induced automatic budget cuts. While Department of Defense leaders and members of Congress continue to spar over what can, or cannot, be removed from the DoD budget, the members of our armed forces and their families continue to wait to see how their careers and benefits may be affected.

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