JW Military Finance

My weight loss journey of 2019...

I explain how you wont lose money because your BAH rate changed going into the new year. Source: https://www.defensetravel.dod.mil/site/faqbah.cfm

Welcome Back! I discuss my 2020 goals for the podcast and the most beneficial conversation I had over the holidays.

Here I cover what I do at the end of the year to keep my finances straight.  Checks, balances and some goal setting.

The basics on Student Loan statistics, how to get them and how to get out of them. Covering FAFSA, Public Student Loan Forgiveness, MyCAA, and Forbearance.

Before I deep dive into Student Loans, here is my journey with them.

We get to save more money for our future!

Don't blow your new money! Put your raise to work for you. Increase your TSP, pay down Debt, pad your savings account! JUST DON'T BLOW IT!

There are so many good financial books and a lot of really bad ones. Here are the 5 plus some honorable mentions to get you started. 

Is 400k enough? Lets find out! 

The dreaded budget. It's not as bad as it sounds! Learn the freedom of knowing where your money is going and taking control of your finances. 

I cover why it is financially smart to sell back your leave. It's an unpopular decision and I've had to defend it many times over, but I'm convinced it's the right choice 90% of the time. Hopefully after listening you will think so as well. 

An in depth description of each item your LES covers. It is so important that you not only check your LES each month but that you also understand what you get paid and what all the entitlements and deductions actually mean. You will have a much better understanding of this after this episode. 

How the Navy changed TA and how this affects you.

Should you elect to use the Government Travel Charge Card when PCS? I cover the new NAVADMIN and go over some of the reasons why you probably shouldn't.