Editor’s note: Government Shutdown! Every time I publish something like this, I get a bunch of people telling me that I’m being dramatic. Or that the military will always get paid. Or that I’m being irresponsible for getting people upset. That’s not the intent at all. If you’ve spent any time at all around these… | Read More…
Seven Answers To FAFSA Questions For Military Families
2023 only: The FAFSA opening has been delayed until at least December, possibly longer. Have questions about the Free Application for Federal Student Aid? This application is the key to a variety of federal aid, including Pell Grants and student loans. It can also impact your eligibility for the school’s need-based aid. And some schools… | Read More…
When Is The Next Military Payday?
Ah, payday. Who doesn’t love to see money in their bank account? “When does the military get paid this month?” Or, “When is the next military payday?” They’re two of the most popular questions that I’ve heard over the years. The next regular military payday is Friday, 29 September 2023. If you receive an active… | Read More…
Long Pay Period Warning & Your Personal Finance Stress Test
This October 2023 end-of-month pay period is going to be long. Every time we have a long pay period, Facebook explodes with conversations on this subject, and they provide a fascinating look into how people handle their money. Most of it is sad. So let’s figure some things out now so you won’t be struggling… | Read More…
Parents, Don’t Set Your Kids Up For Failure By Encouraging Too Much College Debt
It’s no secret that college is expensive, and that excessive college debt is creating a lot of hardship for many people in the United States. During this college application season, parents and students are working out their college funding plans. For many families, loans will be part of the way they pay for college. While… | Read More…
October Military Scholarships for Service Members, Veterans, Spouses and Kids
This October Military Scholarships post is part of my ongoing Military Scholarships series. October is still part of the slow season for due dates, but there are scholarships opening up every day. Be sure to check back! Rees Scholarship Foundation – Veterans Program Deadline: 01 October 2023 Description: Must be a veteran enrolled in an… | Read More…
Five Savings Tips To Get Started and Keep Going
Sometimes it seems impossible to make savings happen. But usually, what you need is a plan and to start! That picture? That’s how I want to spend my days: sitting on the beach, in the shade, with a cool drink. One way I’m going to make that happen is by saving money so that I… | Read More…
Basic Allowance for Housing During PCS Moves
What happens to Basic Allowance for Housing during PCS moves? Basic Allowance for Housing may be a large part of your total military compensation. And BAH is tied to the service member’s duty station. But what happen when you are in between duty stations? Whether it’s a few days of travel time, leave en route,… | Read More…
Understanding Depreciation Recapture Taxes on Rental Property
What the heck is depreciation recapture, or unrealized depreciation, or unrecaptured depreciation? You’ve owned a rental property for a few years, and it’s worked out pretty well. You’ve made a little bit of money most years. You’re looking forward to cashing out the profits! And then you get the tax bill. Oh my! You now… | Read More…
September Military Scholarships for Service Members, Veterans, Spouses and Kids
This September Military Scholarships post is part of my ongoing Military Scholarships series. September is still in the slow season, but there are still enough scholarships this month to keep you fairly busy. New Hampshire Higher Education Scholarships for Orphans of Veterans Deadline: 01 September 2023 Description: Applicant must be the child of a New… | Read More…
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