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How exactly to handle cash for monetary success into the U.S. military

Howdy! I am Spencer, an active-duty atmosphere force officer spending for financial freedom by age 40. Since 2016, we have actually conserved 50 % of my active-duty paycheck into our monetary independency records. We began composing in 2012 about attaining FI into the military on my website Military Money handbook.

Because J.D. doesn’t have experience with the armed forces, for Veterans he asked me to share the lessons I think every servicemember needs to know about getting rich slowly day. They are the principles If only some body had explained in my experience as a newly-commissioned officer in 2010. (These classes are simply as relevant into the side that is enlisted of home.)

I have split this short article into two parts.

First, we’ll cover some fundamental classes for newbies: taking good care of your self, emergency funds, military friendly banks, monitoring your hard earned money, and TSP investing.

Upcoming, I’ll protect some higher level subjects: spending for economic independency, army implementation, travel, and army credit-card perks. Continue reading