Identifying your housing needs is a great first step in the process of finding a place to live. Just be sure not to blur the line between need and want. A friend-of-a-friend recently posted something very similar to this on Facebook: We’re moving to the Tampa area, and we are looking for a house with… | Read More…
How Do You Define Wealth?
In the last few days, I’ve stumbled across the word “wealth” used in a variety of different ways. Each time, I stopped for a moment to think about the way the word was being used, and if I agreed with that usage. It has me thinking: what does wealth really mean? How might my definition… | 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.
What’s Up With Gambling On Military Bases?
I’ve discovered a lot of odd things while living overseas, but none has surprised me as much as the presence of slot machines on military bases. Every base I’ve been to in Europe has slot machines. I’d always thought that gambling on military bases wasn’t allowed. I was definitely wrong! While I have no problems… | Read More…
Do Military Families Live In Poverty?
I pretty regularly hear the phrases “poverty line” or “poverty level” used with reference to military families. I started wondering just how many military families truly live below the federal determination for poverty, and so I decided to do some math. What I’ve found is that it is pretty challenging for a military family to,… | Read More…
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…
TSP Funds – One Is Right For You
As a natural progression in our Thrift Savings Plan (TSP) series, we have to talk about the various investment choices available. Once a person has decided to invest in a TSP account, they have three decisions to make: how much to contribute, whether to invest in a Traditional or Roth account, and into which TSP… | Read More…
2018 TSP Contribution Limits and How To Organize Those Contributions
When it comes to the amount that you contribute to your Thrift Savings Plan account, there are two issues: the federal government’s TSP contribution limits, and how much you feel you can contribute. Both are important parts of the equation, and understanding them both will help you to make an overall plan for contributions during… | Read More…
Roth or Traditional Thrift Savings Plan Accounts
Once you’ve decided to open a Thrift Savings Plan (TSP) account, you have to choose between a traditional TSP account, and a new Roth TSP account. The main difference between these two accounts is when you pay taxes. If you are familiar with traditional and Roth Individual Retirement Arrangements (IRAS), you already have a head… | Read More…
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