One of the big questions during military retirement is: Which Tricare health care coverage should I choose? Or maybe you’ve been retired for a while, and you’re wondering if the Tricare health plan you’re using is the right one for your situation? Or you’re moving to a new area and need to figure out your… | Read More…
How To Get A Refund Of The VA Home Loan Funding Fee
Home mortgages guaranteed by the Department of Veterans Affairs (VA) are a valuable benefit of military service. One of the characteristics of a VA-backed home loan is that you have to pay a funding fee when you get the loan. However, some folks are exempt from the funding fee. If you pay the funding fee,… | Read More…
Should You Sell Back Your Military Leave, or Take Terminal Leave?
One hot topic in military finance is the selling of leave. Generally, these are folks who are separating or retiring, and they’re trying to figure out what to do with their leave. I used to have a single answer, and then I opened my mind a little, discovered that there are a lot of variables… | Read More…
What Is A Transition Fund, And Why Do You Want One?
If you’ve hung out around The Paycheck Chronicles long enough, you may have heard me talk about having a transition fund. I think I may have made up that term…maybe not. But I sure am fond of it. So what exactly is a transition fund, and why would you want one? This post is part… | Read More…
Three Things To Buy Before Your Next Move
Moving is hard work. Whether you’re moving yourself or having someone else move you, there are a couple of tricks to make the move easier. Well, actually, there are many tricks (you can see pages and pages of them in Printables to Make Your PCS Move Smooth and Organized), but there are a couple of key… | Read More…
5 Work From Home Jobs For Military Spouses
My friend Joseph Hogue knows a lot about making money from home, so I asked him to write something about great work-at-home jobs for military spouses. These are great ideas, but you can find out about even more ideas at his website, MyWorkFromHomeMoney, and his YouTube channel. This guy is really smart – and really… | Read More…
Banks and Credit Unions With Early Deposit Of Military Pay
Everyone loves getting paid, and people love getting paid early. Even when you’re financially secure, and you don’t need the money immediately, there’s a psychological boost from getting paid a day or two before the actual payday. (Not a psychologist, can’t explain why, but it’s so true!) If you are receiving pay from the military,… | Read More…
Maintaining All Your Stuff In One State: Why It Matters Now More Than Ever
Legal offices and financial counselors have been saying it for years: try to be consistent in demonstrating your state of legal residence. And there are always some military service members and family members who insist that it doesn’t matter, that no one has ever challenged them, and that the legal and financial folks are just… | Read More…
We Can’t Really Have It All
“You can’t have it all, all at once. Who – man or woman – has it all, all at once? Over my lifespan, I think I have had it all. But in different periods of time, things were rough. And if you have a caring life partner, you help the other person when that person… | Read More…
New Law Will Make Tax Time Easier For Military Spouses
This post has most recently been updated on 4 February 2019. The president has signed the a bill that permits military spouses to use the legal residence of their service member for purposes of taxes (and voting.) S. 2248 (115th): Veterans Benefits and Transition Act of 2018 has a provision that states: “For any taxable year… | Read More…
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