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It’s the most wonderful time of the year … right? My mom and I chuckle a bit because we love the feel-good holiday movies and commercials, yet life isn’t always like that. Life can be messy. Expectations can run high but let’s give ourselves some grace if plans fall short. Focus on what we CAN control. For me, that’s my finances. That may sound crazy during this busy time of year, but I find the time to dive into the numbers before New Year’s. I’m a big fan of the lead up, the reflection and the notion of having a clean slate going forward!
I reflect on the year — my mistakes and successes — and use that information to set goals for the new year. As part of the process, my husband and I sit down and document our net worth so we can track it over time. It’s a great chance to talk about where we are and where we want to be. Find more tips in my latest blog so you can get started, and then read an Army spouse’s account of past money mistakes and how she found a better way forward as well as our other recommended topics.
Happy Holidays,
Mandi Moynihan is a CFP® professional who has been with MilSpouse Money Mission since its inception. She also served in the Army and is the spouse of a retired service member.
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Make a Date To Review Your Finances
Yes, money can cause stress in relationships, but research shows that money talk can boost relationship satisfaction. So, make a date to review your finances, set a goal and get your money priorities aligned!
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Kimberly’s Tip for Transitioning and Building Credit
Financial planning for a transition out of the military is key. Discover one couple's financial journey from struggling to manage their debt to now reaching their new financial goals.
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MilSpouse Road Map: Planning for Retirement
Here are some helpful insights and tips military spouses have found to save for retirement, whether you are currently working or not.
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Military Relief Societies: Lending a Helping Hand
From the M3 vault: It’s time to take out holiday decorations and prepare for the season of giving. If you find yourself reeling from uncertainty and need some financial support, remember the four military relief societies stand ready to help.
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Join the Mission!
MilSpouse Money Mission® is a Department of Defense resource that offers free personal financial education specifically for military spouses. Learn how we can serve you — and share this resource with your friends.
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