Taxable and Non-taxable Allowances

March 14, 2010 | Kate Horrell

I've noticed some questions on Yahoo answers about which allowances are taxable and which are not.  At the current time, the only taxable allowance is CONUS COLA, the Cost of Living Allowance paid to … [Read more...]

Quotable: Bob Hope

March 12, 2010 | Kate Horrell

"A bank is a place that will lend you money if you prove that you don't need it." … [Read more...]

Update About Allowances & FAFSA

March 12, 2010 | Kate Horrell

A quick update to my previous post:  The financial aid office from my college called me yesterday.  The very nice representative had spent several days looking for answers to my questions about the … [Read more...]

Domicile and Residence, A MSRRA Issue

March 12, 2010 | Kate Horrell

One of the most confusing aspects of the Military Spouses Residency Relief Act is the idea of residency, or domicile.  From, the definition of domicile is "a person's fixed, … [Read more...]


March 11, 2010 | Kate Horrell

Military OneSource has put together a fabulous, three page FAQ sheet on the Military Spouses Residency Relief Act.  It might just be my browser, but this comes up huge and unreadable when I open … [Read more...]

Navy Family Scholarships

March 10, 2010 | Kate Horrell

I just found a link to two scholarship opportunities for specific Navy family members.  The deadline is in five days, so look and act quickly:  Scholarships for Navy Families. … [Read more...]


March 10, 2010 | Kate Horrell

If you have credit card debt, it can feel like you will never get it paid off.  That is one of the reasons that I have always like Mary Hunt, because she talks about her struggles and successes from … [Read more...]

What’s a Groupon?

March 09, 2010 | Kate Horrell

Have you heard of Groupons?  They are the newest twist on coupons and discount books, available over the internet.  … [Read more...]

It’s a Fact: Cars Need Repairs

March 08, 2010 | Kate Horrell

I hate it when my car needs work - we've usually moved to a new place, where I don't have a trustworthy mechanic, and I don't understand cars well enough to know if the repair shop is being honest. … [Read more...]

Emergency Fund 101

March 07, 2010 | Kate Horrell

You hear a lot about emergency funds, but you probably have questions.  Here's a short primer that will hopefully help answer some of your questions, plus lots of links to add more information: … [Read more...]

Spouses and Leases

March 06, 2010 | Kate Horrell

Most of you have probably heard of the "military clause," a generic term used to describe any parts of a lease that deals with the military and being transferred or deployed. Under the terms of the … [Read more...]

Quotable: Unknown

March 05, 2010 | Kate Horrell

“Life's problems wouldn't be called "hurdles" if there wasn't a way to get over them.” (Thanks to Simple Financial Lifestyle) … [Read more...]