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Tips for Military Families to Save on Holiday Spending

The holiday season and spending money often go together, but there are ways to celebrate with your family without going into debt. It’s all about spending wisely. Consider these tips for staying in control of your finances during the holidays.

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Save Money Every Day

As a new service member, you probably have financial pressures you’ve never faced before, such as paying rent or buying a car. And you’re beginning to make financial choices that can negatively or positively impact your future, such as paying off credit card debt.

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The Military’s Dislocation Allowance FAQs

If you’re planning your next military move due to a permanent change of station, you may be able to receive a dislocation allowance.

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Military Pay 101: How to Open a Bank Account and an Introduction to TSP

We’ve got some tips on how you can make the most of your basic pay — from the most important parts of your actual pay stub to picking the right bank account, to even getting a “raise” by increasing your Thrift Savings Plan contributions.

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Money Management Strategies for Military Children

It’s never too early to start teaching your kids about money. Encourage them to collect their allowance in a piggy bank whenever they start earning one.

Benefits

Commissary and Exchange – Benefits

Find tax-free shopping, great savings and other benefits when you shop at a military commissary or exchange.

Essentials

Travel Planning – The Essentials

Service members and their families can use Space-Available (Space-A) flights to travel. Though sometimes unpredictable, military flights are perfect for families with flexible plans and limited travel budgets. You can sign up for a Space-A flight through a military terminal up to 60 days in advance.

Resources

Personal Finance – Resources

Service members and their families have access to numerous resources to save money and manage expenses. Learn more about ways to save and protect your family’s financial health with the following. …
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Supplemental Security Income

Supplemental Security Income, or SSI, is a federal income supplement program designed to help the aged, blind and people with disabilities who have limited income. It provides them with cash to meet basic needs for food, clothing and shelter

Resources

Travel – Resources

One of the benefits of military life is the unique experience to travel and explore the world. Here is a sampling of services and resources to assist service member’s travel and adventure.

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How to Control Your Debt When You’re in the Military

Take control of your finances by gaining a better understanding of your debt and how to work toward paying off what you owe. Create a plan now and commit to your financial freedom.

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Living Overseas on Military Pay: What to Expect

Overseas or OCONUS permanent change of station orders can be exciting, especially if you’ve never been outside of the continental United States. The military can help you with the added costs of an international move and living expenses abroad.

Article

Perks of the Commissary and Exchange

Did you know that your commissary and exchange offer perks such as tax-free shopping, military-exclusive pricing, contest prizes, job opportunities for the military community and more?

Essentials

Tickets & Tours – The Essentials

Discover your local Information, Tickets and Travel office. It provides one-stop shopping for savings on special events, area attractions, hotel reservations and cruise bookings.

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25 Money-saving Tips for Military Families

Want to protect your hard-earned cash? Military discounts go a long way. Always ask retailers, restaurants, airlines, motels and other establishments, “Do you have a military discount?” Here are 25 other money-saving tips. Go ahead, wave your frugal flag.

Essentials

During Deployment – The Essentials

Every deployment is different and may require new skills and coping strategies. Learn more about resources to help you recognize and manage stress, stay connected to loved ones, handle finances and vote when you are deployed. Manage your. …
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Best Kept Secrets: Military Campgrounds at a Discount

The Morale, Welfare and Recreation Program and Military OneSource offer cost-effective ways for military families to enjoy their time off. This includes the Best Kept Secrets: Joint Services Campgrounds and Facilities guide, which will connect you with recreational sites across the country.

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Managing Your Money as a New Service Member

You’re learning a lot of new skills in the military, and money management is an important one. As a service member, you may earn more, get special duty pay or have new expenses. Remember: It’s your money, so make the most of it by creating a spending plan. Staying on top of your finances is important for your security clearance, your career and your future.

Money Matters Courses

Five courses outline the fundamentals of money management, motivating you to become financially savvy. Developed by financial experts who understand the military, the modules help service members and their families understand consumer credit,. …