Veteran Saves

Ryan’s savings journey started when he was an active duty airman.

Frequent deployments and temporary duty assignments gave him the opportunity to save. By the time he transitioned out of active duty, he had built up a healthy rainy-day fund and had started to aggressively save for retirement.

Making Saving Automatic Leads to Personal Success | America Saves Ryan’s savings journey started when he was an active duty airman. Frequent deployments and temporary duty assignments gave him the opportunity to save. By the time he transitioned out of active duty, he had built up a healthy rainy-day fund and had started to aggressively save for retirement.

Deciding to save for a large purchase is an empowering and exciting time. We understand that the car-buying process can be overwhelming at times, but we’re here to help! Below are 5 steps to consider when buying a new car!

5 Steps To Consider When Purchasing A Car | America Saves Now that you’ve transitioned out of the military and are enjoying your civilian lifestyle, you may find yourself thinking that it’s time for a new set of wheels! Deciding to save for a large purchase is an empowering and exciting time. We understand that the car-buying process can be overwhelmin...

Balancing your financial priorities as a veteran—while adjusting to civilian life—can be daunting. This checklist is designed with your unique needs in mind, helping you organize and prioritize your savings goals, while accounting for the challenges and opportunities that come with transitioning from military service. Let’s break it down step by step!

https://veteransaves.org/resource-center/insights/your-guide-to-saving-for-competing-priorities-as-a-veteran/

Major milestones — events that mark a turning point in your life — often require additional expenses or signify a change in your financial circumstances. To avoid any issues, you should anticipate how milestones will impact your bottom line and create a plan to deal with those additional costs. In fact, saving for major milestones is a sound strategy to include in your overall financial planning.

Saving for Major Milestones | America Saves Major milestones — events that mark a turning point in your life — often require additional expenses or signify a change in your financial circumstances.

We understand that saving money can be a significant challenge for many veterans who are dealing with financial instability.

It can be especially difficult to set aside funds for emergency savings when you are struggling to make ends meet. However, maintaining an emergency savings account can be a crucial difference between those who can weather unexpected financial challenges and those who sink into debt.

Even setting $500 to $1,000 can provide a measure of financial security and help you manage unexpected expenses such as.

- Paying for home repairs
- Additional groceries
- Covering medical bills
- Traveling for family emergencies

Here are five ways veterans can save $500 to $1,000 for emergencies:

How Veterans Can Save $500 to $1000 For Emergencies | America Saves We understand that saving money can be a significant challenge for many veterans who are dealing with financial instability. It can be especially difficult to set aside funds for emergency savings when you are struggling to make ends meet. However, maintaining an emergency savings account can be a c...

One thing all Veterans have in common is knowing how to be prepared for unexpected events.

Sometimes, being prepared means having enough cash on hand to get you through any adverse situation without resorting to loans or incurring credit card debt — whether it be an unexpected (and expensive) car repair or medical bills or even a natural disaster.

Having an emergency fund is essential to your preparedness for facing life’s financial surprises head-on.

How to Save for an Emergency | America Saves One thing all Veterans have in common is knowing how to be prepared for unexpected events. Sometimes, being prepared means having enough cash on hand to get you through any adverse situation without resorting to loans or incurring credit card debt — whether it be an unexpected (and expensive) car ...

If you requested an extension of time to file your taxes, consider filing now to avoid a possible deadline crunch later this fall.

Free File and other resources on IRS.gov are available anytime to help! https://ow.ly/qgoG50SMCE2

Taxpayers who are serving in the armed forces are encouraged to use MilTax for free tax return preparation and access to e-filing software. This program requires no income limit and is available to all military members and some veterans.

IRS, Military OneSource

Unexpected emergencies often sabotage our financial goals, so getting in a savings mindset and building an emergency fund is such an important step. Start small and think big by setting a goal of building a $500 rainy day fund.

https://veteransaves.org/resource-center/insights/7-steps-to-start-your-savings-journey/

7 Steps to Start Your Savings Journey | America Saves So you’ve decided that it’s time for you to get (more) serious about your finances, particularly saving. Great! This is a critical moment that happens for most working-class Americans, no matter how much money you’re making.

Somewhere along the way, talking about your finances became taboo. However, studies have shown that people who talk about their finances with others they trust are more successful at saving. That doesn’t mean taking financial advice from everyone explicitly, but talking about your goals definitely helps!

Another exercise you can do to support your new savings journey is to create a self-tracking tool. You'll do this by putting your savings goal somewhere visible, where you’ll see it often. Visually seeing your goals gives you constant reminders that help you not only stay on track but also review your progress along the way.

7 Steps to Start Your Savings Journey | America Saves So you’ve decided that it’s time for you to get (more) serious about your finances, particularly saving. Great! This is a critical moment that happens for most working-class Americans, no matter how much money you’re making.

One thing all Veterans have in common is knowing how to be prepared for unexpected events. Sometimes, being prepared means having enough cash on hand to get you through any adverse situation without resorting to loans or incurring credit card debt — whether it be an unexpected (and expensive) car repair or medical bills or even a natural disaster. Having an emergency fund is essential to your preparedness for facing life’s financial surprises head-on.

How to Save for an Emergency | America Saves One thing all Veterans have in common is knowing how to be prepared for unexpected events. Sometimes, being prepared means having enough cash on hand to get you through any adverse situation without resorting to loans or incurring credit card debt — whether it be an unexpected (and expensive) car ...

: The GI Bill is a powerful tool that provides Veterans and their families with essential educational and training benefits. Whether you’re a or a dependent, this blog post will walk you through the opportunities that the GI Bill offers.

The GI Bill: Educational Benefits for Veterans and Their Families | America Saves The GI Bill is a powerful tool that provides veterans and their families with essential educational and training benefits. We know that higher education and training can be expensive, but the GI Bill is here to help ease the financial strain, empowering you with the skills and knowledge to succeed i...

An emergency fund consists of at least $500 (no, you do not need to start with 3-6 months of expenses!), usually in a savings account that you do not have easy access to. Saving for this fund starts with small, regularly scheduled automatic contributions that build up over time.

NEW RESOURCE 📢

Have you ever needed to “find money?” As you consider your savings goals and assess your current financial landscape, it may be necessary to get a little creative to achieve the financial stability you envision. We’ve compiled a list of 18 ways that Veterans, service members, and their families can save money.

18 Money-Saving Tips for Veterans and Service Members | America Saves Have you ever needed to “find money?” As you consider your savings goals and assess your current financial landscape, it may be necessary to get a little creative to achieve the financial stability you envision.

Predatory lenders and financial service companies can be found on nearly every street corner or strip mall around the country. There is no denying that they often take advantage of the financial vulnerabilities of many of our Veterans.

This resource breaks down:

• What is a predatory lender
• Types of predatory lenders
• How to avoid predatory lenders

Avoiding Predatory Lenders | America Saves Predatory lenders and financial service companies can be found on nearly every street corner or strip mall around the country. There is no denying that these shops often take advantage of the financial vulnerabilities of our many of our Veterans. Instead of helping better their financial situation,....

Transitioning from military to civilian life brings about significant milestones, from transitioning into civilian careers to retirement and more. These milestones deserve celebration, not only to honor the dedication and hard work behind them but also to unite family and friends in joy and excitement. However, celebrations can strain budgets, particularly for transitioning service members and veterans.

Saving for Events | America Saves Transitioning from military to civilian life brings about significant milestones, from transitioning into civilian careers to retirement and more. These milestones deserve celebration, not only to honor the dedication and hard work behind them but also to unite family and friends in joy and exciteme...

Veterans benefits are very attractive to scammers, which makes Veterans and their families a top target for fraudsters trying to steal their information and identity.

Learn how to avoid fraud, scams, and identity theft: https://veteransaves.org/resource-center/insights/avoiding-fraud-scams-identity-theft/

Having trust in your financial institution is more important than ever these days. Here are a few things that you can easily access and review to be sure your financial institution is trustworthy and the right one for you.

Can You Trust Your Financial Institution? | America Saves Having trust in your financial institution is more important than ever these days. Knowing that you are doing business with a truly reputable bank that has your best interest in mind can ease some worries and uncertainties, and help you feel confident in knowing your money is safe and secure. Here a...

Happy 4th of July to those celebrating. Remember: Celebrating doesn't have to break the bank! Check for family fun and free activities your city hosts, such as a fireworks show or parade. 🎆

In this episode, we dig in to how you can begin your savings journey by saving on the *life things* right now.

We are empowering you with information to start saving, and giving you very human tips to personal finance that many personal finance gurus leave out (like, who the heck can just put away 3-6 months of expenses right now!?).

Specifically, we’ll help you save money on:

💸Energy at home so you can cut down on your energy bill
💸Personal transportation so you can see your money at work
💸Lifestyle creep - that pesky trend that lets you spend more money when you earn more money
💸And other ways to save money NOW that don’t require upfront costs

Tune in 🎙️ here: https://ow.ly/p8PG50Ssvvs

Saving money is really important for everyone, but it can be especially tough for veterans who have some unique financial challenges. Especially if you're just getting back to civilian life after being in the military.

10 Ways to Save for Every Veteran | America Saves Saving money is really important for everyone, but it can be especially tough for veterans who have some unique financial challenges. Especially if you're just getting back to civilian life after being in the military. But don't worry, if you're looking for some simple ways to save money and get you...

In the military, you received a Leave and Earnings Statement which detailed your pay, allowances, deductions, & other financial information each month. As you transition to civilian life, it's important to understand how to interpret your new pay stub.

Understanding Your Pay Stub: Transitioning from LES to Civilian Pay | America Saves In the military, you were accustomed to receiving a Leave and Earnings Statement (LES), which detailed your pay, allowances, deductions, and other financial information each month. As you transition to civilian life, it's important to understand how to read and interpret your civilian pay stub, whic...

Don't get caught with unexpected costs! Here's a list of unexpected costs that you may not be aware of when buying a home.

A List of Unexpected Costs Associated with Buying a Home | America Saves Don't get caught with unexpected costs! Here's a list of unexpected costs that you may not be aware of of when buying a home.

There are 3 phases of buying a home: Making The Decision, Preparing to Buy A Home, and Purchasing The Home.

: Use this checklist as a high-level overview of what to focus on in each stage of the home buying process.

veteransaves.org

Every veteran deserves a place to call home. If you or a veteran you know needs assistance, please check out these resources for valuable information and support. Learn More: https://bit.ly/3RihckN

June is National Homeownership Month! Despite economic hurdles, many in our community, especially Veterans, are making strides toward owning a home. Learn about the VA Loan home buying process: https://bit.ly/3X5wRYn

There is assistance available to who may be having difficulty making their monthly payments.

Resources for Veterans Having Difficulty Making Mortgage Payments | America Saves Many Veterans don’t realize that there is assistance available to those who may be having difficulty making their monthly mortgage payments. In this article, we give a brief overview of the options available to those that may be struggling to make ends meet and provide some resources that every Ve...

The VA loan program is a great benefit of military service that provides many money saving options and empowers Veterans to achieve their dreams of homeownership.

6 Money Saving Reasons You Should Use the VA Loan When Buying A Home | America Saves The VA loan program is a great benefit of military service that provides many money saving options and empowers Veterans to achieve their dreams of homeownership.

Whether you're a veteran, a family member, or a caregiver each of us has a ‘Money Personality’ that gives insight into our relationship with money, our impulses, how we save, and how we spend. Knowing yours is the first step in creating positive financial habits that get you closer to your goals!

What's Your Money Personality? | America Saves Whether you're a veteran, a family member, or a caregiver each of us has a ‘Money Personality’ that gives insight into our relationship with money, our impulses, how we save, and how we spend. Knowing yours is the first step in creating positive financial habits that get you closer to your goals...

Transitioning service members and eligible Veterans have access to resources and perks that can help them fulfill their travel dreams and make the most of their vacation without overspending.

Here are some tips to help you save money on your next trip!

Money Saving Travel Tips for Service Veterans | America Saves Traveling is an amazing experience, but it can be expensive. However, transitioning service members and eligible Veterans have access to resources and perks that can help them fulfill their travel dreams and make the most of their vacation without overspending.