KateHorrell

Helping Military Families Make The Most of Their Money

Long Pay Period Warning & Your Personal Finance Stress Test


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This November end-of-month pay period is going to be long for anyone who gets early direct deposit of military pay. 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 every month is not… | Read More…

When Is The Next Military Payday? (And When Will You See That Money?)


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Planning your spending is easier when you know when you’ll have the money to spend. And while military paydays are tied to the 1st and 15th, they get moved due to weekends and holidays – or even weekends AND holidays put together. And then there are many banks and credit unions that offer early crediting… | Read More…

85 Ways To Get Through A Long Pay Period


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Because months aren’t always 28 days long, and because military paydays don’t happen on weekends or holidays, there are times where there is a long stretch between military paychecks. Sometimes, it can be as long as 20 days! If you’re living paycheck-to-paycheck, or you budget pretty tightly, that can create some challenges to making sure… | Read More…

Retiring Military: Should You Choose SBP?


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This post is part of a larger series about the Survivor Benefit Plan. Here’s the complete list of posts. Everything About The Survivor Benefit Plan Understanding the SBP-DIC Offset Life Insurance or SBP? Asking The Right Questions Retiring Military: Should You Choose SBP? 10+ Places To Learn About The Survivor Benefit Plan The Survivor Benefit… | Read More…

2021 Active Duty Military Paydays – With Printables


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While military pay is relatively easy, there can be some tricky bits. Military pay days are on the 15th of the month and the first of the following month, except when the 1st or 15th fall on a weekend or federal holiday. Then, the payday shifts to the business day prior to the weekend and/or… | Read More…

2021 Navy Federal Active Duty Checking Military Paydays


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Looking for information on the upcoming paycheck? Find details at When Is The Next Military Payday? Navy Federal Credit Union (NFCU) is a very popular bank for military service members. NFCU has several types of checking accounts, and their Active Duty Checking account offers a variety of benefits including free checks, ATM rebates, and early crediting… | Read More…

2021 USAA Military Pay Deposit Dates – With Printables


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27 September 2021 Update: Given the current situation in Congress, y’all may want to familiarize yourself with what happens if they can’t come to agreement on a spending plan or the debt ceiling. The Budget vs. Debt Ceiling: How Government Shutdowns Could Affect Military Pay Looking for information on the upcoming paycheck? Find details at When Is… | Read More…

2020 Retired Military Paydays – With Printables


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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…

Last Military Pay, Military Retirement Pay, and VA Disability Compensation


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The transition from active duty military to retirement is full of lots of winding twists and turns. One of the most common questions is how all those pays are going to come together. And it’s important to understand it as part of your overall financial planning. However, keep in mind that any or all of… | Read More…

How Much Is Military Pay?


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This is probably the most common question that I see asked: “How much is military pay?” It is such a simple question, yet so complicated. The simple part is because there is one pay chart, and it is public record because it is made by law, and it is not at all complicated. It is… | 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.