America Saves Blog
Tips, advice, and the latest news from the savings world.
By Barbara O’Neill, Ph.D., CFP®, Financial Resource Management Specialist, eXtension Military Families Learning Network (MFLN) & Rutgers Cooperative Extension
Saving for a child’s post-secondary education is an important financial goal for many military families. There are three ways that servicemembers can pay for college or post-secondary vocational/technical school costs:
There is a lot of talk about compound interest in the world of personal finance. It is a double-edged sword that can be your worst enemy – exponentially increasing the amount of debt you owe – or your very best friend, steadily growing the size of your savings or retirement account. But do you know how it works?
Do you follow @AmericaSaves on Twitter? If not, you may have missed out on some great articles or blog posts from the past week related to personal finance, savings, or news from America Saves and its campaigns. ICYMI, we share with you each Friday the top five pieces that highlight important topics for savers and partners alike.
A new coalition to serve the needs of transitioning veterans was formed last month, and includes a partnership between five major consumer organizations including Military Saves and our coordinating organization Consumer Federation of America (CFA). The new Veterans Financial Coalition will work to improve the financial security of the nation’s growing veteran population as they return to civilian life.