1 June 2015 Military Pay

May 22, 2015 | Kate Horrell

The next regular, active duty military pay day is Monday, 1 June 2015.  Monday paydays can be really confusing if you have your military pay deposited into a bank or credit union that offers early … [Read more...]

REDUX Is Always A Bad Choice

May 16, 2015 | Kate Horrell

Today, in a military family forum, there was a discussion about the Career Status Bonus (CSB)/Redux retirement plan available to currently serving military members.  I was really surprised to see … [Read more...]

15 May 2015 Military Pay

May 08, 2015 | Kate Horrell

Long pay period alert:  After this paycheck, the next regular military payday is Monday, 1 June 2015.  While that isn't a super-long pay period, it does have Memorial Day weekend in the … [Read more...]

Allotments On Your LES

May 01, 2015 | Kate Horrell

The third, and simplest, major block on a military Leave and Earnings Statement (LES) shows the allotments that you have set up to have money paid directly to various companies or organizations. … [Read more...]

Saying "I Do" to a Joint Financial Life

April 29, 2015 | Kate Horrell

If there are wedding bells in your future, an important step is to figure out how to marry your financial lives together.  There are four phases of this process, and getting it all right is a huge … [Read more...]

Deductions On Your LES

April 28, 2015 | Kate Horrell

In conjunction with this Leave and Earnings Statement (LES) piece, I am breaking down the various types of things that you might see on your LES.  I did entitlements a few weeks ago (where does time … [Read more...]

Financial Planner Interview: Rob Aeschbach

April 24, 2015 | Kate Horrell

As you probably know, there are a handful of people who write almost exclusively about military families and their money. One of these writers, Rob Aeschbach, is also a Certified Financial Planner™ … [Read more...]

1 May 2015 Military Pay

April 23, 2015 | Kate Horrell

The next regular, active duty military payday is Friday, 1 May 2015.  Wondering about the actual date of deposit for your pay?  That will depend on the policies and practices of your bank or credit … [Read more...]

News From DFAS

April 16, 2015 | Kate Horrell

A couple of news items pertaining to the Defense Finance and Accounting Service (DFAS).  None of these are long enough to make a whole post, but they still warrant attention: Email Address … [Read more...]

Navy Testing Longer Childcare and Fitness Hours

April 10, 2015 | Kate Horrell

If you live near the Naval Base in Bremerton, Washington, Joint Expeditionary Base Little Creek-Fort Story, Virginia Beach, Virginia, or the Naval Station in San Diego, California, keep an eye out … [Read more...]

15 April 2015 Military Pay

April 08, 2015 | Kate Horrell

The next regular, active duty military  pay day is Wednesday, 15 April 2015.  When will your pay be in your bank account and available to spend?  That depends on your bank or credit union, and … [Read more...]

Entitlements on Your LES

April 07, 2015 | Kate Horrell

Every month, military service members receive a Leave and Earnings Statement (LES). Raleigh has done a great job of reviewing LES basics in this article, How To Read A Military LES.  It's an epic … [Read more...]

From The Mailbag: Getting Service Records

March 25, 2015 | Kate Horrell

For as much paperwork is involved with everything done in the military, sometimes it still seems difficult to keep track of all the documentation.  You never know when you are going to need some … [Read more...]

1 April 2015 Military Pay

March 20, 2015 | Kate Horrell

I am doing this post a little early because the topic is being so heavily searched and because the long pay period after many shorter ones can be surprising.  The next regular, active duty … [Read more...]