PCSing this summer? This new blog from the DoD Office of Financial Readiness (FINRED) is all about how to help your kids settle into their new school and how to save money at the same time — or at least how to spread out the expenses. For example, contact the school early to ask for dress codes and supply lists. That way, you can buy a little each week.
Moving? Time To Update Your Spending Plan and Insurance
A PCS is also the perfect time to re-evaluate your spending plan and double-check your financial well-being, especially if you're moving from a lower-cost-of-living location to an expensive metro area. Consider updates to your housing, transportation and insurance. Review your coverages, update your policies and shop your rates.
What's Your Spending Personality?
Do you know your spending personality? Are you carefree or reluctant? Do you spend money because you want to or because you have to? Check out FINRED’s five types of spenders in honor of National Financial Awareness Day, Aug. 14, and see if you recognize yourself.
Save Money at Amusement Parks
August is Family Fun Month and the 16th is National Rollercoaster Day. Between tickets, parking, food and souvenirs, you can easily drop $400 a day. We have MilSpouse-approved hacks for affording theme parks, so get ready to raise your hands and scream your heart out.
Did You Know?
You need renters insurance if you live on base. Inventory your possessions and calculate their value. Can you afford to replace all of your clothing and furniture? Because most of us can't, renters insurance is vital. Some policies will even cover your belongings while in transit.
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.
