31 December 2014 Military Pay

December 20, 2014 | Kate Horrell

The last military payday of 2014 is still 10 days away, but the questions have been coming in, so I thought I should write about it early.  The December 2014 end-of-month pay day is Wednesday, 31 … [Read more...]

Don’t Buy Magazines at the Store

December 18, 2014 | Kate Horrell

How many magazines does your family like to read?  How many do you get, but they just stack up in the corner, unread?  Changing the way you buy magazines can result in a huge savings on your reading … [Read more...]

When and Where Will 2015 Rates Be Published?

December 17, 2014 | Kate Horrell

I know that I am not the only person who spends a silly amount of time surfing around the various military websites, trying to see if the 2015 military pay and allowances have been officially … [Read more...]

When Your Tax Statements Will Be Available

December 15, 2014 | Kate Horrell
2014 Tax Statement Availability Schedule

The Defense Finance and Accounting Service (DFAS) has announced the dates that various 2014 W-2 and 1099R tax statements will be available for printing via the MyPay system, and via the US … [Read more...]

From The Mailbag: BAH Questions

December 12, 2014 | Kate Horrell

  This week's collection of email questions is all about BAH: Question: "I was told they are going to do away with BAH, is this true??" Answer: "No.  There are proposals to decrease the … [Read more...]

2015 Military Pay Raise Likely 1%

December 08, 2014 | Kate Horrell

With the House of Representatives passing the 2015 National Defense Authorization Act (NDAA), we are one step closer to having some clarity on what the next year or so is going to look like. The bill … [Read more...]

15 December 2014 Military Pay

December 07, 2014 | Kate Horrell

Monday paydays always cause confusion.  The next regular, active duty military payday is Monday, 15 December 2014.  When will you get paid?  That depends…. If your bank … [Read more...]

You Need An Emergency Fund: Reason 743

December 04, 2014 | Kate Horrell

You know I am keen on emergency funds.  Life is too unpredictable to live without some sort of cushion.  Sure, you could use overdraft protection or a credit card as your cushion.  But that's not … [Read more...]

Sales Tax On Cars

December 03, 2014 | Kate Horrell

I just read a very long and, frankly, disturbing Facebook conversation about sales tax when a military member buys a vehicle.  The disturbing part was how much misinformation was included in this … [Read more...]

2015 Retired Military Pay Dates

December 02, 2014 | Kate Horrell

I can't forget my retired friends (and Poppop!) when I talk about military pay.  Military retirement pay is paid on the first business day of each month.  If that day falls on a weekend or holiday, … [Read more...]

2015 Active Duty Military Pay Days

December 01, 2014 | Kate Horrell

For my plan-ahead friends out there, here are the 2015 active duty military pay days. Wednesday, 31 December 2014 (technically the December 2014 end-of-month paycheck for active duty … [Read more...]

Goal One: Maximum Flexibility

November 28, 2014 | Kate Horrell

Most of us have to think about how to make the most of our money, and how to plan our finances to make things work in the best way. My little posse of military money bloggers has been discussing … [Read more...]

Black Friday Planning

November 26, 2014 | Kate Horrell

I just received an email from my friend J. Money, talking about his very sensible list of the things that you're "allowed" to buy on Black Friday.  (Warning, J does like his colorful language.  If … [Read more...]

Reason 4,976 For An Emergency Fund

November 25, 2014 | Kate Horrell

You know, we financial folks are always going on  about why people need an emergency fund and a little extra room in their budget. This week has been yet another reminder for me. One of my … [Read more...]