Episodes

To learn more about my LADS investment strategy and how to apply it to the TSP, check out my book The Military Money Manual: A Practical Guide to Financial Freedom. available directly from me on my website or on Amazon. Dozens of 5 star reviews on Amazon and Goodreads: Amazon Kindle Ebook Amazon Prime Hardcover Audible Audiobook In this episode Jamie and Spencer discuss several TSP investing strategies and why you may want to go with a particular strategy. The most important thing is to a ...

To learn how to select TSP funds for early financial independence, read The Military Money Manual: A Practical Guide to Financial Freedom. The book is available as a hardcover, ebook, and audiobook. With 20+ 5 star ratings, the book is available directly from me on my website or on Amazon Amazon Kindle Ebook Amazon Prime Hardcover Audible Audiobook Jamie and Spencer break down the 5 Thrift Savings Plan (TSP) Funds: C Fund - the S&P 500 fund S Fund - The rest of the US stock market I Fund ...

Learn more about building a financial legacy for your family in my book The MIlitary Money Manual: A Practical Guide to Financial Freedom. In this episode Jamie talks about his recent experience as the executor of the estate of an extended family member that passed away. We cover building a "legacy box," why you should buy term life insurance over whole life insurance, and things to think about if you're ever the executor or administrator of an estate.

The American Express® Gold Card military benefits include an annual fee waiver for active duty servicemembers and military spouses. The American Express® Green Card military benefit is the same, with an annual fee waived for anyone in the MLA database, which includes military dependents and active duty troops. Both the active duty servicemember and the spouse can be primary users on the card and do not need to be authorized users on each other's accounts. Both cards can add tens of thousands ...

The Air Force announced the Fiscal Year 2022 Air Force Pilot Bonus on 11 April, 2022. You can see the bonus chart and all the details in my article on my website, Military Money Manual. If you're eligible for a bonus, this can be an amazing opporuntiy to accelerate your journey to financial independence. Learn more about achieving financial freedom in the military in my book, The Military Money Manual: A Practical Guide to Financial Freedom The book is available as a hardcover, ebook, and audi...

Learn more about the amazing military benefits in the Military Money Manual: A Practical Guide t Financial Freedom now available on Amazon, Kindle, Audible, and directly from the author on MilitaryMoneyManual.com in ebook, audiobook, and hardcover. Jamie and Spencer talk to their friend Luke about Space-A travel, also known as space available travel. Luke estimates he has saved over $40,000 in flights for his family over the years. This is a program opened to active duty servicemembers on leav...

Learn more about achieving financial independence in the military in The Military Money Manual: A Practical Guide to Financial Freedom. Now available on Kindle, Audible, and soon on Amazon. Always available on MilitaryMoneyManual.com Jamie and Spencer break down how to build a plan, how to overcome winner's guilt, how to be generous with your windfall, and how to avoid windfall errors.

Doug Nordman from The Military Guide joins us today on the Military Money Manual Podcast. While he would never say it, Doug is a bit of a legend in the personal finance, FIRE, and military finance community. He retired 20 years ago in 2002 after a 20 year career in the Navy. I stoppd by Doug's house in Hawaii to have a conversation with him about all kinds of great military FI topics. Doug was an early beta-reader of The Military Money Manual: A Practical Guide to Financial Freedom available a...

If you want to learn how to set yourself up to purchase your first rental property, check out my book The Military Money Manual: A Practical Guide to Financial Freedom. Available now on Amazon, Kindle, Audible, and my website. On today's episode Spencer and Jamie welcome Rich Carey from Rich On Money Website YouTube TikTok Topics we address today: VA home loans for primary residences that you can turn into rental properties when you PCS The 1% rule for buying rental properties and then 50% r...

Learn more about military travel hacking and how to make thousands of dollars off of annual fee waived credit cards in my Ultimate Military Credit Cards Course. "Leave in conjuction with official travel" or LICWO is a great deal to get a free or reduced cost flight to take leave when you go TDY or TAD. Circuitous travel is a good way to make a PCS a little less stressful and to potentially take a little vacation while you move on government orders. Find out how to do both in this episode! Learn...

The Hilton Honors Military Program offers separating military servicemembers and their spouses up to 100,000 free Hilton points each to aid veterans and their spouses in searching for their next job or establishing their new life. These points can be used for a job hunt, interview, conference, or any other purpose to establish your foundation after the military. This is a separate and complementary program to the Amex Hilton Honors Aspire annual fee waiver program. If you've been travel hacking...

In this episode Spencer and Jamie breakdown How to stop paying state income tax Why you should do your own taxes How to stop being afraid of taxes We also cover military spouse taxes including the Military Spouse Residency Relief Act (MSRRA), which allows military spouses much more flexibility in which state they are taxed in. This is extremely helpful if you need to PCS in the middle of a year. You can avoid paying and filing taxes in multiple states! We also cover why you DON'T want a la...

Learn everything there is to know about travel hacking the military in my Ultimate Military Credit Cards Course. Besides welcome bonuses, credit card referral links are the easiest and fastest way to earn thousands or even millions of credit card points, miles, and cash. Spencer and Jamie break down the easiest way to earn lots of point and miles with your Chase and Amex cards.

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 protected 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.

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...