Episodes
Build the Life You Want, Then Save for It. 5 Minute Military Money 9/…
Step 9 in our 10-part series: build the life you want and save for it. Spencer and Jamie step away from the spreadsheet to remind listeners that financial independence is a means to an end — not the end itself. Topics covered...
Max Out Your Roth TSP | 5 Minute Military Money 8/10 #226
Step 8 in our 10-part series: max out your Roth TSP. Spencer and Jamie explain the triple tax benefit military members get by combining low-taxed allowances with Roth contributions, and why maxing the TSP is a stretch goal — ...
Open Your Roth IRA, Invest in a Total Stock Market Index Fund | 5 Min…
Step 7 in our 10-part series: open a Roth IRA at Vanguard, Fidelity, or Schwab and max out your contribution into a total stock market index fund. Spencer and Jamie break down why the LADS method (Low-cost, Automated, Diversi...
Build Your Emergency Fund | 5 Minute Military Money 6/10 #224
Step 6 in our 10-part series: grow your emergency fund to cover three months of expenses. Spencer and Jamie explain why your "SWAN number" (Sleep Well At Night) matters more than the math, why you should default to your partn...
Pay Off High-Interest Rate Debt | 5 Minute Military Money 5/10 #223
Step 5 in our 10-part series: pay down your high interest rate debt. Spencer and Jamie share how they each paid off six figures of debt on military pay, why debt robs your future self of choices, and where to find free help i...
Budget for the "Four Walls" | Food, Utilities, Shelter, Transportatio…
Step 4 of the 10-part military finance essentials series. Spencer and Jamie explain how to create a realistic budget focusing on "the four walls": food, utilities, shelter, and transportation. Learn which budgeting tools work...
Save Your $1,000 Emergency Fund: 5 Minute Military Money 3/10 #221
Step 3 of the 10-part military finance essentials series. Spencer and Jamie explain why every service member needs a $1,000 emergency fund. This starter fund stops you from living paycheck to paycheck, prevents debt accumulat...
Create Your TSP Account & Choose the Right L Fund: 5 Minute Military …
Step 2 of the 10-part series on military finance essentials. After setting up your 5% Roth TSP contribution in Step 1, now you need to create your TSP account online and make sure your money is invested in the right fund. Spe...
Set Up Your 5% Roth TSP: 5 Minute Military Money 1/10 #219
Military Money Manual may receive compensation from JPMC. Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain. What if you could set yourself up for financial success...