KateHorrell

Helping Military Families Make The Most of Their Money

2021 Increases In Military Retirement Pay (plus VA Disability, Social Security, and other federal payments)


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The 2021 military retirement pay increase has been calculated, and it’s a doozy – 5.9% for those who retired prior to 2021! This projected increase is based on the Social Security cost-of-living adjustment. The Social Security adjustment changes the VA disability compensation rates by law, and while it isn’t law, military retirement pay has customarily… | Read More…

The Five Best Money Moves for Military E-1 throught E-5


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!

Been in the military only a few years? Welcome to the club! There’s a lot going on financially when you’re just getting started in your military career. Whether you plan to get out after one term, or hope to serve to earn military retirement, there are some basic money moves that will help set you… | Read More…

Kate Rants: Choice Is Good. But Be Sure You Can Support Your Choices


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!

You know how some weeks it seems like the same thing hits you over and over and over again? (And I’m not talking about how you get an explosion of IKEA ads on your Facebook feed right after talking to your sister, on the phone, about IKEA. That’s just creepy.) This week, it’s been people… | Read More…

Five Things To Check On Your LES Each Month


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!

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…

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


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 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…

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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.