KateHorrell

Helping Military Families Make The Most of Their Money

Long Pay Period Warning – And Some Thoughts On It


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If you are one of the many people who get your military pay early, this March end-of-month pay period is going to be long. Every time we have a long pay period, Facebook explodes with conversations on this subject, and they provide a fascinating look into how people handle their money. Actual Military Paydays Because… | Read More…

Tricare Now Offering Teleheath Services, Including Mental Health


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Tricare beneficiaries, rejoice! Tricare, through their contractors Humana and Health Net Federal Services, are now offering telehealth through two different services, Dr+ on Demand and Telemynd . I am so excited about this, I can’t even explain. Finding health care can be challenging enough under the best of circumstances, and the current pandemic is far… | Read More…

March Military Scholarships for Service Members, Veterans, Spouses and Kids


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This post is part of my ongoing Military Scholarships series. We’re really in the thick of the scholarship season now, which is both a blessing and a curse. It makes for a lot of work, but there are many wonderful opportunities and once they’re gone, they’re gone until next year. (Or forever, if they are… | Read More…

New To The Military: Understanding Military Pay Raises


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One of the great things about the military pay scale is that there are regular raises built right into the system. When you’re first starting out, they come a little more frequently, then the pace tapers off after you’ve been in the military a while. There are three types of regular pay raises in the… | Read More…

Tax-Advantaged Retirement Savings for Military: Thrift Savings Plan, IRAs, Roth and Traditional – What Does It All Mean?


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Many military members have questions about the Thrift Savings Plan, often called TSP, and Individual Retirement Arrangements, often called IRAs, and how you can have both and how the contribution limits work. Throw in the Roth and Traditional tax structures of either account, and you can hear some confusing conversations. Even if just one side… | Read More…

Scholarship for Families of Disabled and Fallen Military Members


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This is a unique installation of my ongoing Military Scholarship series. If you’ve been following this blog for a while, you will know that I put out a post a month with upcoming scholarships for military spouses, service members, and dependents. This post will focus on scholarships that are specifically for the family members of… | Read More…

Five Things To Check On Your January 2020 Military Leave and Earnings Statement


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 changes, such as 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 can occur any… | Read More…

Life Insurance After Military Service


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Military service members have simple, affordable life insurance coverage through the Servicemembers Group Life Insurance program, usually called SGLI. Military spouses may be covered through Family SGLI, or FSGLI. But this coverage ends at, or shortly after, military retirement. Many families still need life insurance protection during the next stage of their life. There are… | Read More…

February Military Scholarships for Service Members, Veterans, Spouses and Kids


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 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 up-to-date,… | Read More…

You Need This: In Case Of Emergency Binder


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New year, new financial plans. I am reposting this as part of my 2021 Financial Plan. I will finish this project this year. Last year, or maybe the year before, my friend Doug Nordman started talking about a nifty new printable workbook offered by Chelsea of Smart Money Mamas. This printable workbook is called In… | 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.