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Financial Tips for Military Families
Wednesday | 3 p.m. ET
#CreditChat
Join our #CreditChat every Wednesday at 3 p.m. ET.
This week, we discussed how to manage money
while in the military.โ€œ
Check out all the resources and tips shared:
bit.ly/military-finances
What financial challenges do military
families struggle with?
Wednesdays | 3 p.m. ET
#CreditChat
Staying on top of day to day finances
#CreditChat
while on mission or deployed.
MILITARY FAMILY CHALLENGES
Tweet by @jjeffrose
Many challenges same as civilians; unique ones
#CreditChat
Tweet by @veteransunited
(deployment, PCS, frequent relocation) can take a toll.
MILITARY FAMILY CHALLENGES
Challenges for military spouses to find employment
#CreditChat
can make financial options more limited.
Tweet by @BBB_MiLine
Uncertainty in future military benefits:
uncertainty in military lifestyle; military spouse employment
Tweet by @MilitarySaves
#CreditChat
Stress inhibits planning and stimulates
emotional spending, which can be dangerous.
Tweet by @militarymoney
#CreditChat
Military families struggle with constant relocation,
#CreditChat
managing revolving accounts from outside U.S. and preparing for transition.
Tweet by @iGrad
Any advice on how military families
can save money during relocation?
Wednesdays | 3 p.m. ET
#CreditChat
Keeping material possessions to a minimum when
you know youโ€™ll be moving around a lot certainly helps.
Tweet by @magnify_money
#CreditChat
Successful families rent or purchase and have
Tweet by @militarymoney
basic allowance for housing (BAH) left over.
Spouses can highlight unique skills gained in military life
on their resume: flexibility, diversity & stress management
Tweet by @veteransunited
#CreditChat
There are many decisions to make with any move.
Whether to live on/off base. Whether to rent/purchase.
Tweet by @militarymoney
#CreditChat
What are ways to track money and pay bills
when deployed overseas?
Wednesdays | 3 p.m. ET
#CreditChat
attempt to eliminate as much expenses as possible.
Tweet by @militarymoney
#CreditChat
Before leaving for deployment,
have access and knowledge of accounts and bills.
#CreditChat
For married couples, make sure both spouses
Tweet by @militarysaves
cell phone, cable, etc.
#CreditChat
Consider suspending your auto insurance,
Tweet by @militarysaves
#CreditChat
Tweet by @magnify_money
are a simple way to handle bills, as long as overdraft isnโ€™t a concern.
Online banks like @USAA are great! Automatic payments
can monitor bills and your credit while deployed.
#CreditChat
Find a battle buddy that you trust that
Tweet by @jjeffrose
What sorts of discounts and financial
benefits can military families get?
Wednesdays | 3 p.m. ET
#CreditChat
military discounts. Always, always ask before you buy.
The sky is the limit when it comes to
Tweet by @InChargeDotOrg
pay to your bank for your checking account.
You can get a discount on fees you
Tweet by @militarymoney
#CreditChat
What should military families know
about VA loans? How do you qualify?
Wednesdays | 3 p.m. ET
#CreditChat
competitive rates, flexible and forgiving requirements!
Thereโ€™s $0 down, no mortgage insurance,
Tweet by @veteransunited
#CreditChat
VA LOAN BENEFITS
such as no prepayment penalty.
VA loans offer some really great protections
Tweet by @militarymoney
VA LOAN BENEFITS
Where can military families go
to get financial help?
Wednesdays | 3 p.m. ET
#CreditChat
they should start with a CFP.
If military members need a financial planner
Tweet by @jjeffrose
#CreditChat
Credit counseling and budgeting is free.
If debt is your issue, call a non-profit credit counseling agency.
#CreditChat
Tweet by @militarymoney
Check out all the resources and tips shared:
bit.ly/military-finances
#CreditChat
Wednesdays | 3 p.m. ET
Join Us Every Wednesday at 3 p.m. ET.
bit.ly/join-creditchat
#CreditChat
Wednesdays | 3 p.m. ET
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Financial Tips for Military Families

  • 1. Financial Tips for Military Families Wednesday | 3 p.m. ET #CreditChat
  • 2. Join our #CreditChat every Wednesday at 3 p.m. ET. This week, we discussed how to manage money while in the military.โ€œ Check out all the resources and tips shared: bit.ly/military-finances
  • 3. What financial challenges do military families struggle with? Wednesdays | 3 p.m. ET #CreditChat
  • 4. Staying on top of day to day finances #CreditChat while on mission or deployed. MILITARY FAMILY CHALLENGES Tweet by @jjeffrose
  • 5. Many challenges same as civilians; unique ones #CreditChat Tweet by @veteransunited (deployment, PCS, frequent relocation) can take a toll. MILITARY FAMILY CHALLENGES
  • 6. Challenges for military spouses to find employment #CreditChat can make financial options more limited. Tweet by @BBB_MiLine
  • 7. Uncertainty in future military benefits: uncertainty in military lifestyle; military spouse employment Tweet by @MilitarySaves #CreditChat
  • 8. Stress inhibits planning and stimulates emotional spending, which can be dangerous. Tweet by @militarymoney #CreditChat
  • 9. Military families struggle with constant relocation, #CreditChat managing revolving accounts from outside U.S. and preparing for transition. Tweet by @iGrad
  • 10. Any advice on how military families can save money during relocation? Wednesdays | 3 p.m. ET #CreditChat
  • 11. Keeping material possessions to a minimum when you know youโ€™ll be moving around a lot certainly helps. Tweet by @magnify_money #CreditChat
  • 12. Successful families rent or purchase and have Tweet by @militarymoney basic allowance for housing (BAH) left over.
  • 13. Spouses can highlight unique skills gained in military life on their resume: flexibility, diversity & stress management Tweet by @veteransunited #CreditChat
  • 14. There are many decisions to make with any move. Whether to live on/off base. Whether to rent/purchase. Tweet by @militarymoney #CreditChat
  • 15. What are ways to track money and pay bills when deployed overseas? Wednesdays | 3 p.m. ET #CreditChat
  • 16. attempt to eliminate as much expenses as possible. Tweet by @militarymoney #CreditChat Before leaving for deployment,
  • 17. have access and knowledge of accounts and bills. #CreditChat For married couples, make sure both spouses Tweet by @militarysaves
  • 18. cell phone, cable, etc. #CreditChat Consider suspending your auto insurance, Tweet by @militarysaves
  • 19. #CreditChat Tweet by @magnify_money are a simple way to handle bills, as long as overdraft isnโ€™t a concern. Online banks like @USAA are great! Automatic payments
  • 20. can monitor bills and your credit while deployed. #CreditChat Find a battle buddy that you trust that Tweet by @jjeffrose
  • 21. What sorts of discounts and financial benefits can military families get? Wednesdays | 3 p.m. ET #CreditChat
  • 22. military discounts. Always, always ask before you buy. The sky is the limit when it comes to Tweet by @InChargeDotOrg
  • 23. pay to your bank for your checking account. You can get a discount on fees you Tweet by @militarymoney #CreditChat
  • 24. What should military families know about VA loans? How do you qualify? Wednesdays | 3 p.m. ET #CreditChat
  • 25. competitive rates, flexible and forgiving requirements! Thereโ€™s $0 down, no mortgage insurance, Tweet by @veteransunited #CreditChat VA LOAN BENEFITS
  • 26. such as no prepayment penalty. VA loans offer some really great protections Tweet by @militarymoney VA LOAN BENEFITS
  • 27. Where can military families go to get financial help? Wednesdays | 3 p.m. ET #CreditChat
  • 28. they should start with a CFP. If military members need a financial planner Tweet by @jjeffrose #CreditChat
  • 29. Credit counseling and budgeting is free. If debt is your issue, call a non-profit credit counseling agency. #CreditChat Tweet by @militarymoney
  • 30. Check out all the resources and tips shared: bit.ly/military-finances #CreditChat Wednesdays | 3 p.m. ET
  • 31. Join Us Every Wednesday at 3 p.m. ET. bit.ly/join-creditchat #CreditChat Wednesdays | 3 p.m. ET