KateHorrell • Page 2 of 23 • Helping Military and Veteran Families Be Confidently Prepared for The Next Stage of Life

Your January Military Leave and Earnings Statement: 5 Things To Check

24 January 2023

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While it is important to review your military Leave and Earnings Statement every month, it is extra important whenever you have any changes. This includes things like a Permanent Change of Station move, a promotion, a time-in-service or regular annual raise, or any other action that could impact your pay and allowances. While these events… | Read More…

Home of Record and State of Legal Residence: Things You Need To Know

23 January 2023

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The military can be confusing, with all its special terms and acronyms. One of the terms most often misused is home of record. The term comes up in questions about taxes and driver’s licenses and final moves. On rare occasions, when talking about final moves, it’s being used properly. The other 99.9% of the time,… | Read More…

Tax Deductible Moving Expenses for Military

21 January 2023

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PCS moves are expensive. Even with all the allowances, you’ll sometimes have some out-of-pocket expenses, especially if you have pets. Thankfully, unreimbursed moving expenses can be deducted from your income taxes, and they’re a most valuable type of deduction. Disclaimer: No article can address every specific tax situation. Do not make any decisions based solely… | Read More…

Your Military Family’s Everything-You-Need Binder

10 January 2023

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After several long years and 100s of revisions, my Everything-You-Need binder is finally available for purchase! This great tool will make your life more organized and provide What Is This Binder? The Everything-You-Need binder is a 126-page PDF. It has sections for every aspect of your life EXCEPT deployment and PCS moves – there are… | Read More…

February Military Scholarships for Service Members, Spouses and Kids

2 January 2023

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This February Military Scholarship post is part of my ongoing Military Scholarships series. As long as you’re stuck in the house hiding from the cold, you should be applying for these military scholarships! As with any other scholarship resource, please verify eligibility requirements, application processes, and due dates. While we do our best to ensure… | Read More…

Your 2023 Financial Plan in One Printable Page

1 January 2023

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If you’re in the military community, you’ve probably heard some sayings about planning. For example, “Fail to plan, plan to fail.” Or, “The plan is nothing, the planning is everything.” Or my personal favorite, “It takes as much energy to wish as it does to plan.” That last one is Eleanor Roosevelt. She said some… | Read More…

Military Dislocation Allowance and 2023 Rates

27 December 2022

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Dislocation Allowance (DLA) is a military allowance designed to partially reimburse service members for some of the costs incurred when relocating a household. It is authorized for PCS moves, when ordered to move into military housing for the government’s convenience, and when evacuated from a duty station. The Joint Travel Regulations (JTR), Chapter 5, Section… | Read More…

2023 Retired Military Paydays – With Printables

26 December 2022

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Retired Military paydays are once a month. Military retirement pay is paid on the 1st of the month, unless the 1st is on a weekend or holiday, in which case it is paid on the previous business day (the last business day of the previous month.) Military retirement pay is paid in arrears, meaning that… | Read More…

2023 Military Basic Allowance for Housing Rates

14 December 2022

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2023 military basic allowance for housing rates are out! Go see! (iPhone users reading this on Facebook, you may need to open this page using the three dots instead of clicking through from Facebook. Not on an iPhone? Right-click, select “copy link address,” and put it into a new tab. I wish I could fix… | Read More…

Five Things You Need To Know About The New BAH Rates

13 December 2022

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Military families across the country are waiting anxiously to see what their Basic Allowance for Housing (BAH) rates will be in 2023. (The new bah rates are usually announced on or around 15 December.) With housing prices going up significantly in many areas, many have their fingers crossed for a big increase for next year. Here… | Read More…

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