Enjoy this edition of “Military Personal Finance Articles You Should Read.” This blog entry only serves to summarize some of the previous week’s best personal finance articles, blog posts, and other content from a variety of sources so that you don’t have to. The intent isn’t for you to read every single article (although you’re a superstar if you do), but it’s to curate a lot of content into one easily digestible article that allows you to pick and choose the content you want.
This issue starts with a couple of Kate Horrell articles:
- Tax Withholdings: Don’t Set it and Forget it
- Five Ways Stay At Home Parents Save Money
- Time vs. Money-How Do You Decide?
From there, we have a couple more articles from our military bloggers. First, there’s an informative article from Elizabeth Colegrove on dealing with permanent change of station (PCS) moves: How to Live Like Royalty While Waiting on HHG Shipments. We also have a life insurance primer by Kristi Muse, as a guest blogger on The Military Wallet: Life Insurance Options for Military Members.
Also, we have a couple of tax articles.
First, there’s the tax myths article (yes, people still try to pull this crap off, so the tax prep and tax planning industry has to keep putting it out every year). Also, here’s an article with some tax planning advice. Finally, if you’re concerned about being audited, this article breaks out your odds of being audited by income using information from the 2014 IRS Data Book (good news: most military members have less than a 1% chance of being audited each year).
To round out the personal finance section, we have Michael Kitces’ article on the importance of creating small financial goals, which will create lasting effects over time. Finally, if one of you is concerned about that house you’re planning to buy, Alan Moore’s “Argument for Renting Over Buying” should give you some perspective.
Also, if you missed my articles, you can catch them here. In light of the recent Department of Labor’s new rules about the fiduciary standard, feel free to read about what the fiduciary standard means when looking for a financial planner. Also, read about my personal evaluation of the Survivor Benefit Plan, when compared to a term life insurance policy. This last article forms one of the chapters of my upcoming Survivor Benefit Plan book, which I plan to release in the next few weeks. If you’d like to know more, please feel free to contact me through the Military In Transition Facebook Group.
Hope you enjoy the content!
As always, this blog serves to answer your questions and address concerns. If you like this blog, please forward it on to other people who may benefit. If you have issues or concerns, or if you have a question you’d like me to answer, please feel free to contact me. You can reach me through my website, or via email. In the meanwhile, take charge of your life!
Military in Transition 