Military Monday – Money News You Can Use on 17 SEP 2018
It’s Monday, so I wanted to give you some military-specific financial news that you can use:
- Here’s a useful article from The Military Guide about separating or retiring from OCONUS. There is resistance to doing this because it can be difficult to house or job hunt while OCONUS, but the article discusses all of this. They also put out a guide to maximizing your Thrift Savings Plan contributions in a combat zone.
- Navy Federal Credit Union has started a Senior Enlisted Reward Program for those who are E7 to E9. You can get a 1% discount on consumer loans, a $250 card when you close on a mortgage or home equity loan, and other benefits.
- If you were affected by hurricane Florence, U-Haul is offering 30 days of free storage. In addition, Military.com tells you what you need to know if you were affected by Florence.
- In the Navy and want to be a doctor? Mount Sinai’s Icahn School of Medicine has established an institutional partnership with the Navy, streamlining the pathway for service members who want to go to medical school. Learn a lucrative and marketable skill and use it to get rich. This is exactly what I did.
- Veteran enrollment is also spiking at Ivy League schools.
- Here’s an article from MilitarySaves.org about how you can save money as a family.
- The Military Money Manual reviews their strategy for credit cards in an article entitled “Best Credit Cards for Active Duty Military: A Step-by-Step Guide.” They also discuss the best Hilton AMEX credit cards Free for the military. We recently told you what’s in our wallet.
- The Military Families Learning Network discusses financial planning for newlyweds. They’ve also got a webinar on September 25th entitled, “Paying for College: The Forever GI Bill and Repayment Plans.”
- The Military Wallet discusses getting a VA loan entirely online using Rocket Mortgage.
- Here’s an article from Military.com about making sure your kids are covered by TRICARE before they go off to college.
- One Congressman is trying to end the time limit on GI Bill transfers while on active duty. Here’s an explanation of why transferring the GI Bill is easier than ever for wounded warriors.
- Military Dollar is creating a guide to military money.
- Finally, there was the usual smattering of helpful info from the Military Officers Association of American. They talk about Universal Orlando discounts, calculating Medicare costs for military retirees, discuss an improved 2019 PCS season, and talk about a military spouse who makes Space-A travel easy.