Episodes

Learn how to maximize your military annual fee waivers in my Ultimate Military Credit Cards course at https://militarymoneymanual.com/umc3 By upgrading Chase and Amex cards from lower tier cards to higher tier cards, you can earn valuable recurring annual benefits like airline fee credits, travel credits, and much more. For example, you could upgrade an American Express Hilton Honors Surpass card to a Amex Hilton Honors Aspire card even if you already have an Amex Hilton Honors Aspire card. Then...

Could you achieve financial freedom while you serve in the military? Thousands of servicemembers already have! Check out The Military Money Manual: A Practical Guide to Financial Freedom to discover the exact investment strategies and personal finance tactics you can use to achieve financial independence while you serve. Availabe now at shop.militarymoneymanual.com

Want to learn how to achieve financial independence rapidly in the military? Check out the new book, The Military Money Manual, at shop.militarymoneymanual.com Calculators we talk about in this episode include: https://calculator.ficalc.app/ https://networthify.com/calculator/earlyretirement https://firecalc.com/ https://engaging-data.com/fire-calculator/ https://engaging-data.com/will-money-last-retire-early/ https://www.portfoliovisualizer.com/ https://www.madfientist.com/

Spencer and Jamie cover a lot of ground in this short, start of the year episode. Topics include: Spousal IRAs Contributing to last years IRA (during this year!) Roth TSP vs Roth IRA And much more Did you know if you max out your Roth IRA every year while you work you could easily end up with $1.2 million by the time you retire? It sounds crazy, but thanks to compounding interest, it's very possible.

Long term, the Chase Sapphire Reserve is definitely the superior card. But you may want to open the Chase Sapphire Preferred first because the Sapphire Preferred often offers a higher welcome bonus than the Sapphire Reserve After keeping the Preferred open for a year you can then upgrade to a Chase Sapphire Reserve. You must wait 1 year to upgrade due to a federal law called CARD Act. Cards mentioned in this episode: Chase Sapphire Reserve Chase Sapphire Preferred Amex Platinum for military Yo...

Sign up for the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3 to learn how to accumulate millions of points and miles. Plus, you can pay no annual fees if you're in the military or a military spouse. Once you've accumuluated a lot of points, it can be tough to decide if it's a good deal to use points for a purchase or not. Jamie and Spencer break down the math of valuing points. Just take the cash value of the flight or hotel you are trying to book, divide by the number...

Learn more about annual fee waived credit cards in the Ultimate Military Credit Cards Course at https://militarymoneymanual.com/umc3. In this episode you will learn how to get Military Lending Act (MLA) benefits applied to your Chase and Amex accounts. It's a very easy process as long as your Social Security Number is correctly loaded in the MLA database, available here: https://mla.dmdc.osd.mil/

The best hotel credit cards for military families are: American Express Hilton Honors Aspire Card military Marriott Bonvoy Brilliant™ American Express® Card military Chase World of Hyatt Card military Chase IHG Rewards Club Premier Card military You can learn everything you need to get started with military annual fee waivers in the 5 day, 100% free Ultimate Military Credit Cards Course. All of these cards are annual fee waived for military and come with annual free night certificates. In thi...

Make sure next year is your most successful year yet with the timeless financial freedom lessons in the Military Money Manual, available now at militarymoneymanual.com/book The end of the calendar year is an excellent time to review your progress, success, and failures over the past year. It's also a good time to look forward and set intentions for the new year. In this episode Jamie and Spencer dissect how Jamie approaches his end of the year review and how he approaches the new year. We dis...

Make sure next year is your most successful year yet with the timeless financial freedom lessons in the Military Money Manual, available now at militarymoneymanual.com/book The end of the calendar year is an excellent time to review your progress, success, and failures over the past year. In this episode Jamie and Spencer dissect Spencer's "State of the Money" address to his wife. We also discuss: What's a "sinking fund" and how to use it to stay ahead of infrequent but predictable expenses H...

This is the book I wish someone had handed me on my first day in the military. Shipping now at https://militarymoneymanual.com/book The Military Money Manual: A Practical Guide to Financial Freedom lays out the road map to achieve financial independence (FI) while you serve in the military. I walk you through how to build your financial foundation, my 9 principles to achieve FI, unique military investments, and the philosophy of military FI. The book is available in a beautiful hard cover prin...

Learn the behaviors and habits of financially independent military troops in my new book the Military Money Manual, available now at militarymoneymanual.com/book/ Paying off debt, especially when it's 5 or 6 figures, can seem insurmountable. A journey of 1000 miles begins with a single step. The same is true for financial independence. The journey to being a millionaire investor starts with paying off your high interest rate loans. In this episode, 2 Air Force officers Spencer and Jamie walk y...

Check out my new book The Military Money Manual: A Practical Guide to Financial Freedom where I lay out exactly how to achieve financial independence in the military. One of the first steps on the journey to FI is getting your debt under control and getting back to a positive net worth. Whether you use the debt snowball, debt avalanche, or just get it done, getting out of debt is possible! Jamie and Spencer explain how to get out of debt in this tactic filled episode.

Military deployments can be tough. Usually the "98% boredom, 2% sheer terror" rule applies. Learn how to maximize your military money in the The MIlitary Money Manual: A Practical Guide to Financial Freedom If you have downtime on a deployment, you can grow not just your net worth, but your health, fitness, and knowledge as well. A military deployment gives you the unique opportunity to increase your income and decrease your expenses to near zero. You can achieve 90%+ savings rates and make hug...

Learn how to build your financial foundation and achieve military financial independence quickly in the Military Money Manual: A Practical Guide to Financial Freedom. Available now at militarymoneymanual.com/book Cadets and midshipmen at West Point, Naval Academy, and the Air Force Academy or in Army, Navy, and Air Force ROTC have a unique opportunity to rapidly accelerate their journey to financial independence. When you're young your most valuable resource is time. Time to educated yourself,...

Read The Military Money Manual book to learn how to achieve financial independence in the military. Available now at https://militarymoneymanual.com/book/ In this episode, Jamie and Spencer tackle questions like: What's the average net worth of the above average military officer? Can you build wealth as a military officer? What steps can you take to become wealthy as a military officer? Dive deeper into the numbers by checking out the article on the website: https://militarymoneymanual.com/t...

The Platinum Card® from American Express military benefits include fee protections. Learn more at militarymoneymanual.com/amex Learn more about military travel rewards cards in my Ultimate Military Credit Cards Course available at militarymoneymanual.com/umc3 Check out my new book The Military Money Manual, available to order now at militarymoneymanual.com/book

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 ...

To get started with travel hacking in the military, go to the Ultimate Miltiary Credit Cards Course and sign up today. It's 100% free, there's nothing to buy, and I only need your email to send you the 5 day course. In this episode, Spencer and Jamie reveal their personal credit card portfolios with over 50 credit cards between them. We talk about our points accumulation strategies, the path to 1 million Amex points, and some of our favorite features of the cards. You can see Spencer's curren...

Learn more in the 100% free, 5 day, email based Ultimate Military Credit Cards Course. Spencer and Jamie continue to answer frequently asked questions about military travel rewards cards. Learn how to get your annual fee waived on the most popular card for military servicemembers. Head to MilitaryMoneyManual.com to see the best credit card offers for military this month. Cards mentioned in this episode include: Amex Platinum Amex Gold Chase Sapphire Reserve Chase Sapphire Preferred Compare ...

Learn more about military travel rewards cards in the Ultimate Military Credit Cards Course! Questions we cover in this episode: What are military travel rewards cards? Why do banks and credit card companies waive annual fees on credit cards for active duty, Title 10 Guard/Reserve, and military spouses? Do all banks and credit card companies do this? (Credit cards that waive annual fees for military) What about credit card debt? What about your credit score? Do miles and points have an exp...

New book, the Military Money Manual: A Practical Guide to Financial Freedom, available soon at https://militarymoneymanual.com/book/

Learn more about the 9 principles to achieve financial independence in my new book The Military Money Manual, available for pre-order now!

Learn more about the 9 principles to achieve financial freedom in my new book The Military Money Manual.