- Видео 155
- Просмотров 14 995
Military Money Manual
США
Добавлен 6 июн 2019
The Military Money Manual podcast is all about financial freedom while you serve in the military. Credit cards, travel hacking, investing in the TSP, financial independence, retiring early, military FIRE, maximizing military pay: we cover it all.
Credit cards for US military servicemembers with no annual fees. SCRA, MLA, and all other military fee waiver programs covered.
Learn more at militarymoneymanual.com
Credit cards for US military servicemembers with no annual fees. SCRA, MLA, and all other military fee waiver programs covered.
Learn more at militarymoneymanual.com
Merry Christmas, Happy Holidays, & a Happy New Year in 2025 from Jamie & Spencer!
Merry Christmas from the entire Military Money Manual team!
What a year... We hit 250,000+ total downloads this year. Not bad for two pilots who didn't know how to podcast when we started.
We're looking forward to helping everyone with their military money next year.
What a year... We hit 250,000+ total downloads this year. Not bad for two pilots who didn't know how to podcast when we started.
We're looking forward to helping everyone with their military money next year.
Просмотров: 7
Видео
2025 Max Out Your TSP & Earn Full 5% BRS Match #154
Просмотров 79День назад
Spencer and Jamie explain how to maximize TSP contributions under the Blended Retirement System (BRS), including calculating monthly contribution percentages and avoiding common mistakes that could result in missing matching funds. They break down the 2025 contribution limits and discuss strategies for both BRS and legacy retirement system participants. Here's the TSP BRS maximizing chart (mili...
Financial Wisdom from the Almanack of Naval Ravikant #153
Просмотров 5514 дней назад
Biggest financial lessons from The Alamanc of Naval Ravikant • 3 biggest decisions: where you live, who you’re with, and what you do • Does money make you happy? • How to get rich • Outsourcing • 3 way to retire • Cultivating wisdom • Things money can't buy Links: • The Almanack of Naval Ravikant (a.co/d/dEQYTMn) on Amazon • Don't buy a house on active duty (episode #134) (open.spotify.com/epis...
Tax Intro: What Military Families Need to Know About US Tax Code to Max Your Paycheck #152
Просмотров 8221 день назад
Tax advantages, confusing tax brackets, marginal vs effective tax rates, and more! Spencer and Jamie discuss how military service members benefit from unique tax advantages, including untaxed allowances and combat zone tax exclusions. They also break down real examples of effective tax rates for different ranks and locations, explain tax brackets, and discuss investment implications, particular...
"Where Do I Invest Cash?" Holding a PCS House Down Payment #151
Просмотров 57Месяц назад
Spencer and Jamie address a listener question about where to save money for a house down payment, which leads to a broader discussion about short-term savings strategies based on different time horizons. Main Topics & Questions Covered: • Where to save money for a house down payment • How to handle proceeds from a home sale while waiting to buy another property • When to keep money in cash vs. ...
2025 TSP & IRA Contribution Limits: $23,500 & $7,000 #150
Просмотров 118Месяц назад
2025 contribution limits are out! In this episode, Spencer and Jamie discuss the newly announced IRS contribution limits for retirement accounts in 2025. They break down the changes for 401(k), TSP, and IRA accounts, explaining the limits for both standard and catch-up contributions, while also highlighting an important opportunity for military families with non-working spouses. • What are the ...
Blended Retirement System | BRS Pension, Matching Contributions, Continuation Pay #149
Просмотров 66Месяц назад
Do you still get a pension under the BRS? YES! We can't believe this myth and misinformation is still spreading around the military. Spencer and Jamie break down the three components of the military's Blended Retirement System (BRS) and address common misconceptions. They explain how the pension calculation works, discuss TSP matching benefits, and detail continuation pay options across differe...
Money Mindset | Growth vs Fixed #148
Просмотров 53Месяц назад
• "I'll always be broke." • "I can't build wealth with this salary." • "I'm just a spender- I can't help it." In this episode, Jamie and Spencer discuss how adopting a growth mindset versus a fixed mindset can transform your approach to personal finance. Drawing from Carol Dweck's book "Mindset: The New Psychology of Success," they explore how changing your perspective from "I'm not good with m...
"I Only Want 1 Credit Card!" Best Military Credit Card Strategies for 1, 3, or 5+ Cards #147
Просмотров 137Месяц назад
This may surprise you! Want to experience an easier and simplified strategy for military credit cards? That's fine! We'd ask "why" you don't want more, but in today's episode we share which cards we'd recommend for listeners who reach out wanting smaller numbers. Links: • Ultimate Military Credit Cards course (free) (militarymoneymanual.com/umc3/) • Chase Sapphire Reserve (CSR) (militarymoneyma...
HCFSA for Military | Health Care Flexible Spending Account Worth It for Military Families? #146
Просмотров 962 месяца назад
A new benefit for military families! How good is it? In fall of 2024, SecDef announced a new Healthcare Flexible Spending Account (HCFSA) for military families. In March 2025, you'll be able to sign up for it for the first time. It may give you a minor tax savings but also may complicate your situation a little. We break down the details of this pre-tax benefit, explaining how it works, who's e...
Required Minimum Distributions (RMD) | Roth vs Traditional | How RMDs Affect Military Finances, I...
Просмотров 1682 месяца назад
Did you know Required Minimum Distributions (RMDs) will be a factor in your future that you may not be tracking? If you have any traditional TSP or IRA money, you'll be required to take a portion of that money starting at 73 (as of 2024, scheduled to go up to 75), and that distribution will be taxable income. This can affect how to withdraw from accounts in retirement and how you decide to cont...
Gap Funds for FIRE | How to Save for Early Retirement in Taxable Accounts for Military #144
Просмотров 882 месяца назад
How do you finance the life between possible early retirment and 59.5 years old when you can access you retirement accounts? A gap fund is one common approach. Today we discuss: • What is a gap fund? • Is it necessary? • Where does it fall in priority order when saving for early retirement? • How do you invest a gap fund? For a limited time, Spencer is offering one-on-one Military Money Coachin...
DCFSA | Dependent Care Flexible Spending Account for Military | Possible $5,000 Tax Benefit | Wit...
Просмотров 852 месяца назад
Dependent care flexible spending account- is it even worth your time? (note: this is different than the HEALTHCARE FSA which was announced in Sept 2024- we have an episode coming out on that in a few weeks) Open season is coming up in mid-November to mid-December! For a limited time, Spencer is offering one-on-one Military Money Coaching (militarymoneymanual.com/coach) sessions! Get your person...
Amex Pop-Up Jail, TSP Contributions, Combining Accounts, Low Fee Investments: Reader Question & A...
Просмотров 1023 месяца назад
In this mailbag episode, Spencer and Jamie answer various listener questions about investing, credit cards, and military-specific financial topics. They provide insights on compound growth, TSP options, Roth vs. Traditional accounts, credit card strategies, and investment return estimates. Questions discussed: - Is there a benefit to combining multiple investment accounts? - Should I move out o...
Air Force Pilot: Buying Multiple Homes on Active Duty, Building Wealth, Teaching Financial Habits...
Просмотров 953 месяца назад
$85,000 in debt and a brand new truck to a wealthy and generous life?! In this episode, Air Force officer Garrison shares his financial journey from $85,000 in debt to working towards financial independence. He discusses following Dave Ramsey's Baby Steps (www.ramseysolutions.com/dave-ramsey-7-baby-steps) , buying a home in the military, running a crash pad rental business, and helping his Airm...
Military Financial Readiness Study | Tom McLean & Jodi Vickery from Armed Forces Bank #140
Просмотров 703 месяца назад
Military Financial Readiness Study | Tom McLean & Jodi Vickery from Armed Forces Bank #140
Enlisted Success Story! $500,000+ Invested by Age 31 | Financial Independence by 38 | Darren The...
Просмотров 843 месяца назад
Enlisted Success Story! $500,000 Invested by Age 31 | Financial Independence by 38 | Darren The...
Health is Wealth | Physical Wellness and the Connection to Financial Wellness | Increasing your H...
Просмотров 624 месяца назад
Health is Wealth | Physical Wellness and the Connection to Financial Wellness | Increasing your H...
Vanguard Founder Jack Bogle: 10 Step Wealth Building Bogleheads Investing Philosophy for the Mili...
Просмотров 694 месяца назад
Vanguard Founder Jack Bogle: 10 Step Wealth Building Bogleheads Investing Philosophy for the Mili...
New TSP Fund: L2070 Lifecycle | What are Lifecycle Funds? Are Lifecycle Funds a Good Option? #136
Просмотров 824 месяца назад
New TSP Fund: L2070 Lifecycle | What are Lifecycle Funds? Are Lifecycle Funds a Good Option? #136
Dave Ramsey 7 Baby Steps - Do They Work for Military Families? | How to Get Out of Debt, Build We...
Просмотров 1424 месяца назад
Dave Ramsey 7 Baby Steps - Do They Work for Military Families? | How to Get Out of Debt, Build We...
Don't Buy a House on Active Duty | Reduce Stress, Hassle, and Build Liquid Wealth While Renting #134
Просмотров 1024 месяца назад
Don't Buy a House on Active Duty | Reduce Stress, Hassle, and Build Liquid Wealth While Renting #134
Listener Success Story! Travel Hacking Military Honeymoon to Tahiti | Free Flights and Hotels for...
Просмотров 635 месяцев назад
Listener Success Story! Travel Hacking Military Honeymoon to Tahiti | Free Flights and Hotels for...
Military Officer's Guide to Money | Building Wealth for Army, Navy, Air Force, Marine, Space Forc...
Просмотров 1615 месяцев назад
Military Officer's Guide to Money | Building Wealth for Army, Navy, Air Force, Marine, Space Forc...
Enlisted Military's Guide to Money | Advice for New Military Members, Boot Camp & First Paycheck ...
Просмотров 1185 месяцев назад
Enlisted Military's Guide to Money | Advice for New Military Members, Boot Camp & First Paycheck ...
Military Taxes, State Tax Laws & Spouse Side Hustles | Military Spouse Residency Relief Act | Mil...
Просмотров 566 месяцев назад
Military Taxes, State Tax Laws & Spouse Side Hustles | Military Spouse Residency Relief Act | Mil...
Tips for Separating from Active Duty, Avoiding Index Universal Life Insurance (IUL), and Military...
Просмотров 686 месяцев назад
Tips for Separating from Active Duty, Avoiding Index Universal Life Insurance (IUL), and Military...
Continuation Pay Calculation & Timing With BRS & TSP With Brandon Lovingier, the Enlisted Money G...
Просмотров 1756 месяцев назад
Continuation Pay Calculation & Timing With BRS & TSP With Brandon Lovingier, the Enlisted Money G...
12% TSP Returns? How Long to Become a TSP Millionaire #127
Просмотров 1216 месяцев назад
12% TSP Returns? How Long to Become a TSP Millionaire #127
Upgrading Flights on Military TDY / TAD with Points and Miles #126
Просмотров 1316 месяцев назад
Upgrading Flights on Military TDY / TAD with Points and Miles #126