It’s October now, which means it’s time to take a look back at some of the top military money articles from September. That also means it’s the beginning of the fiscal year, which often means there is more fundig available for many military units. I always remembered the budgets getter tight near the end of summer and there were times we had to put off getting new equipment or gear until the fiscal year started – unless it was an emergency or mission essential. Good times.
Top military money articles from September:
Roth IRA vs. Thrift Savings Plan (TSP) 401k – Which Is Better?. This is some good analysis for your investment options by Military Money Might. I have a similar article: Where Should You Invest – TSP or IRA?. Whichever you choose, TSP or IRA, the sooner you start, the better.
Make Your Child a Multi-Millionaire Tax Free with a Roth IRA. This relies on the wonderful powers of compound interest.
Homeowner’s Insurance. Everyone needs homeowner’s or renter’s insurance. It is very inexpensive for the coverage you receive.
Your Valuable Benefits. Some military members may not understand how truly wonderful their benefits are. Study your annual benefits summary, and you will get a good idea of how good your benefits are compared to what most people get.
Compound Growth. This is one of the most important concepts for people to learn when it comes to money and investing.
New Additions To The GI Bill. The new GI Bill has some great features for those who are eligible.
5 Tips for Job Fair Success. I wish I would have had this list when I made the transition from military to civilian life.
STAR Card Gives Discount Gas – Save Money on Gas. You can save 3 cents per gallon on post if you use your Star Card at AAFES gas stations. That’s a nice savings, but there are other gas credit cards that offer more cash back.
Personal Finances And Money Management: Planning For Retirement. The ultimate goal for most people – having the money to enjoy your life.
Thanks for reading – and thanks for serving.