Sept. 27, 2021

#9 Career Starter Loans for Military Officers from Navy Fed or USAA

#9 Career Starter Loans for Military Officers from Navy Fed or USAA
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#9 Career Starter Loans for Military Officers from Navy Fed or USAA
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Soon to commission military officers often ask me: "Should I take out the USAA Career Starter Loan or Navy Federal Career Starter Loan?"

I offer my career starter loan strategies in my new book The Military Money Manual: A Practical Guide for Financial Freedom. The book is available at militarymoneymanual.com/book

Articles on military career starter loans:

https://militarymoneymanual.com/navy-federal-career-starter-loan

https://militarymoneymanual.com/usaa-career-starter-loan/

In this epsiode Jamie and Spencer discuss:

  • West Point, Annapolis, or Air Force Academy can get the Navy Federal loan 1.25% up to $32,000 or USAA 0.75% up to $36,000
  • Army, Air Force, Navy, Marine Corps ROTC can get the NFCU or USAA loan at 2.99% up to $25,000
  • Some loan pitfalls to watch out for
  • How to invest your loan to accelerate your path to financial independence
  • How to use the loan to get into military travel hacking early and save money on travel. Learn more in my free course at militarymoneymanual.com/umc3
  • How you can use the loan to pay off auto or student loans
  • How you can pay the loan off early
  • Debt habits to avoid

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