KateHorrell

Helping Military Families Make The Most of Their Money

When Is The Next Military Payday?


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Depending on where you bank, this payday may be a little confusing. The next regular, active duty payday is Tuesday, 15 December 2020.  Most military members will have their military pay deposited on Tuesday, 15 December 2020. But, some military-friendly banks and credit unions offer early crediting of direct deposited military pay, so your pay… | Read More…

2021 and 2020 USAA Military Pay Deposit Dates – With Printables


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Hey, y’all! I hope you find these calendars useful. I’m happy to create them for you. But doing this stuff isn’t free 🙂 If you order via Amazon, please consider using my affiliate link. It won’t cost you any more, and it will help me pay the hosting on this website. Much appreciated! Looking for… | Read More…

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 June 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…

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…

2020 NFCU 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? **Hey folks, there’s an error on the November mid-month pay calendars. I forgot that they can’t initiate deposits on Veterans Day, 11 November 2020, because it’s a bank holiday. So NFCU will initiate those deposits on Tuesday, 10 November, to… | Read More…

2020 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… | 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…

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…

10 Things To Do During A Government Shutdown


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For those of you not affected by THIS shutdown, read this article so you’re not in a bind next time it happens: 12 Ways to Prepare For The Next Government Shutdown It’s happened again: Congress has failed to pass a spending bill, and part of the federal government has shut down. Unfortunately, the part that has… | Read More…

Retiring Military: Should You Choose SBP?


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 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…

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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.