To Buy Or Rent

To buy or to rent?

| March 20, 2017

That is the question for military families seeking their next home

It’s often said – mostly by companies that lease cars – that you should always buy appreciating assets and lease depreciating assets.

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The Federal Hiring Freeze, PCS Season and Family Finances

| March 10, 2017

Just because the federal hiring freeze only applies to civilian employees doesn’t mean that military families are immune from its effects. Many military spouses work on-base in civilian positions.

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4 home-buying tips for military families

| March 6, 2017

For active duty military families, the unique demands of being in the service can make buying a home challenging. While deployments and short notice or frequent PCSs make renting or military quarters attractive options for many, the advantages of home ownership – such as possible tax benefits, potential for monthly rental income, having a forever home – can outweigh its shortcomings.

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Career military families already budgeting for summer moves

| February 27, 2017

America’s career military families who expect a Permanent Change of Station (PCS) this summer are already putting their financial houses in order. Nine out of ten middle-class military families who expect to make a PCS this summer have already budgeted for the costs of their move, according to the latest findings of the First Command Financial Behaviors Index®.

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How am I supposed to know how much life insurance I need?

| February 20, 2017

Life insurance is one of those topics most people find uncomfortable to discuss. As a result, they don’t. The problem is that this lack of communication too often leads to families relying on a couple of flawed methods to determine how much life insurance they need.

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Sequestration still has military families feeling uneasy

| February 17, 2017

Knowing the presidential transition would take place in January 2017, military families still expressed high levels of anxiety about sequestration in response to a December 2016 survey.

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Military families begin the year confident in their financial futures

| February 10, 2017

The year 2017 just might be a good year for military families and their finances. Not only did they receive their largest pay raise since 2010, but they ended the year optimistic about their financial futures.

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Hats Placed on Chairs During Retirement Ceremony

Career military showing heightened interest in new retirement benefit

| February 8, 2017

Support for the military’s Blended Retirement System is strengthening among America’s career service members, with two out of five families now expressing a desire to opt in to the new plan.

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Emergency savings for life in the military

| February 6, 2017

Type “emergency savings” into Google, and you’ll find hundreds of articles on the subject that all promote the same general message: you should save and maintain roughly 6 months’ worth of income for unexpected expenses.

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Creating a budget that works for you

| January 23, 2017

A quick internet search on budgeting will show you just how complex budgeting can seem. With many competing ideas about how you should budget and what your financial priorities should be, deciding how to allocate your monthly income can feel like a daunting task.

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