KateHorrell • Page 3 of 23 • Helping Military Families Make The Most of Their Money

What’s Your GI Bill Strategy?

30 January 2022

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!

Families across the country are knee-deep in figuring out the best way to pay for college for their now-seniors, and the GI Bill is part of many of those conversations. Being able to transfer the Post 9/11 GI Bill to a spouse or child is a huge benefit. But how do you divide those months?… | Read More…

Six Things Every Military Family Member Needs

26 January 2022

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!

I am often surprised at the number of military family members, usually spouses, who don’t know essential info and have basic life planning things that they need in case of an emergency. A lot of this is important for older children as well. Not all of this will apply to parents or siblings, but some… | Read More…

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

24 January 2022

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!

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…

February Military Scholarships for Service Members, Spouses and Kids

17 January 2022

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 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 that this listing remains… | Read More…

Everything About The Blended Retirement System

10 January 2022

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!

The Blended Retirement System is the retirement plan for service members who entered the military after 1 January 2018. It also includes some folks who were serving before 31 December 2017 and chose to switch to the BRS. Retirement pay benefits for currently retired service members remain unchanged. Understanding The Terms The military’s new Blended… | Read More…

How To File For An Income Tax Extension, Military-Style

10 January 2022

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!

Get a simple, free tax extension to get more time to file your federal tax return. The deadline to file your federal income tax returns is Monday, 18 April 2022. Each year, more than 10 million Americans aren’t ready to submit their returns on that date. By filing for the automatic tax extension, you will… | Read More…

Your Financial Plan: Reviewing 2021, Making Plans for 2022

1 January 2022

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!

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. Regardless of what… | Read More…

2022 Retired Military Paydays – With Printables

30 December 2021

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!

Military retirement pay comes once a month. It 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 the payment… | Read More…

Everything About Dislocation Allowance (DLA) & 2022 Rates

27 December 2021

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!

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…

What’s Your GI Bill Strategy?

Six Things Every Military Family Member Needs

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

February Military Scholarships for Service Members, Spouses and Kids

Everything About The Blended Retirement System

How To File For An Income Tax Extension, Military-Style

Your Financial Plan: Reviewing 2021, Making Plans for 2022

2022 Retired Military Paydays – With Printables

Everything About Dislocation Allowance (DLA) & 2022 Rates

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