KateHorrell

Helping Military Families Make The Most of Their Money

April Military Scholarships for Service Members, Veterans, Spouses and Kids


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This post is part of my ongoing Military Scholarships series. We’re really in the thick of the scholarship season now, which is both a blessing and a curse. It makes for a lot of work, but there are many wonderful opportunities and once they’re gone, they’re gone until next year. (Or forever, if they are only… | Read More…

Trade Your Wasted Time For Money (And Other Stuff)


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I often hear people say that they “don’t have time” to save money or make more money.  After doing some observation, I’ve decided that this is rarely completely true.  Sure, most of us are busy, but most of us also waste phenomenal amounts of time doing things that aren’t providing value to ourselves, or families,… | Read More…

Tricare for Life: Military Medical Benefits When You’re Using Medicare


This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

When you (or your military sponsor) retire from the military, you remain on regular Tricare, either Prime or Select, paying the retired premiums, deductibles, and co-payments. Your regular Tricare coverage ends when you turn 65. Once you turn 65, you are eligible for Tricare for Life, which acts as wrap-around coverage for your Medicare coverage…. | Read More…

When Is The Next Military Payday?


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The next regular, active duty payday is Wednesday, 1 April 2020.  Most military members will have their military pay deposited on Wednesday, 1 April 2020. Some military-friendly banks and credit unions offer early crediting of direct deposited military pay, so your pay might be credited prior to that date. The biggest bank that offers this benefit… | Read More…

Five Things To Check On Your LES Each Month


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Every month, each military member has a Leave and Earnings Statement that shows pays, allowances, deduction, allotments, retirement contributions, insurance premiums, and leave balances. Because these are available online, it’s easy to skip over the important step of reviewing and saving it each month. However, this document is the key to all your financial, retirement,… | Read More…

March Military Scholarships for Service Members, Veterans, Spouses and Kids


This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

This post is part of my ongoing Military Scholarships series. We’re really in the thick of the scholarship season now, which is both a blessing and a curse. It makes for a lot of work, but there are many wonderful opportunities and once they’re gone, they’re gone until next year. (Or forever, if they are… | Read More…

How Much Does Your Transportation Actually Cost?


This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

How much does each one of your cars cost you each year? Does that amount make you want to consider other options? A couple of recent conversations have got me thinking about the cost of transportation, specifically owning a car. For the average American family, transportation is in the top four largest budget categories. For… | Read More…

DC Area Active Duty Family Tricare Options: Prime, Select, Or Johns Hopkins US Family Health Plan?


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This entire article is for Active Duty family members living in the greater metropolitan Washington, DC area. Live somewhere else? Check out this article. For a similar conversation for retirees, see this article. Move to the greater Washington, D.C. area and one of your first questions will be: Which health care coverage should I choose?… | Read More…

Understanding The Military Spouses Residency Relief Act and How It Applies To State Taxes


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  I am republishing this article to be more clear about the 2018 updates. The Military Spouses Residency Relief Act (MSRRA) is important law, but it is very misunderstood. Passed in 2009, it is actually an amendment to the Servicemember’s Civil Relief Act (SCRA) to provide certain specific protections to some military spouses. It was… | Read More…

Unemployment Benefits for Military Spouses Who PCS


This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

In many cases, military spouses who give up their jobs due to Permanent Change of Station (PCS) orders may be eligible for unemployment benefit. At this time (January 2020), 46 states offer unemployment benefits to military spouses who must leave their job due to a military move. The states that don’t offer this benefit are… | Read More…

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Disclaimer

Kate does not represent the Department of Defense, the Department of Veterans Affairs, or any government agency. This blog is strictly for informational and entertainment purposes only. The content on this site should not be considered professional financial or legal advice. I may receive compensation through affiliate or advertising relationships from products mentioned on this site. All reviews on this site represent the personal opinions of the author. All references to third party products, rates, and offers may change without notice.