“If you don’t know where you are going, you might not like where you end up.” In his latest book, The Latte Factor, bestselling financial author David Bach tells the fictionalized story of Zoey, a hardworking 20-something who is struggling to stay afloat financially. She meets Henry, who teaches her about his three secrets for… | Read More…
Kate Rants: TSP Is Not The Right Tool For Timing The Market
Usually, my rants are on subjects that I know inside out. Today’s rant is going to be on a subject about which I know just enough to make an idiot out of myself, and I’m OK with that. Lately, I’ve been running into more and more people who are using their Thrift Savings Plan (TSP)… | Read More…
Security Clearances Are Changing: Why You Need To Keep Your Credit Clean & How To Do It
As the Department of Defense takes over the processes of issuing and maintaining security clearances, the system is going to become more automated and, in some ways, more thorough. On part of this automation will include more and ongoing checks on the financial fitness of those who hold a security clearance. With this new scrutiny, it’s… | Read More…
Military and Divorce: Stuff You’ve Got To Consider
While a divorce is essentially a civilian matter, there are certain aspects of military pay and benefits that need to be considered when dealing with a marital separation or divorce where one or both members are in, or retired from, the military. All too often, I hear from one party who got the short end… | Read More…
What Financial Health Means To Me #FinHealthMatters
Financial health means being able to care for the people you love. This year, I’ve had more times than usual to be thankful for financial health. My beloved grandfather, age 95, had a stroke the first week in January. He has almost completely recovered, thankfully, but it was a very potent reminder of why financial… | Read More…
Making More Money On Your Money
Once you’ve gotten out of debt and built up a little bit of savings, then there is a whole new challenge: earning some actual interest on your saved money. Interest rates have been incredibly low for the last few years, and it is a challenge to grow your savings with the magic of compound interest…. | Read More…
Smart Person Says: Henrietta Mears
Henrietta Mears was a Christian educator who impacted the ministries of many prominent evangelists, including Billy Graham, Bill Bright of Campus Crusade for Christ, and Jim Rayburn of Young Life. Regardless of your religious leanings, her statement about giving applies to all of us.
Taking Money Out of Your TSP Account
After putting money into your Thrift Savings Plan (TSP) account, you will someday want to take distributions from your account. There are three basic situations for taking money out of your account: regular retirement distributions, in-service distributions, and loans (not technically a distribution.) How and When Do I Get My Money Out? Withdrawals from a… | Read More…