Marine On FIRE

Planning to be FIREd from the military

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Tracking My Net Wealth For 13 Years: Lessons Learned

BLUF: Tracking our net wealth over the years has been very beneficial, other than just seeing exponential growth it has assisted in forecasting, planning, and seeing the longterm effects of budgeting (and more).

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5 Financial Benefits Of PCSing

BLUF:  PCSing is a challenging aspect of military life; however, there are numerous financial advantages to having the government move you.  It is up to you to take advantage of the opportunities provided. Continue reading

100,000s Of Free Books For The Military

BLUF: The Navy General Library is an online military focused library which has a huge selection of electronic and audio books that you can borrow for free.  It has all the recommended military reading lists including non-military classics and contemporary titles. Continue reading

Free US Phone Number While Overseas

BLUF: Setting up Google Voice with an OBi200 (or similar device) will allow you to have a free (no monthly charges) US phone number anywhere in the world as long as you have an internet connection. Continue reading

Best Military Banks

BLUF:  USAA and NavyFed are repeatedly rated as the best financial institutions for military personnel.  USAA (primarily an online bank) provides a wide range of products and NavyFed (a brick and mortar facility) has good interest rates for loans and fills the gaps when you physically need a bank. Continue reading

Asset Allocation – Money Is A Tool

BLUF: Next to your Savings Rate, Asset Allocation is the next most important factor in determining your financial success.  It is important to understand the basic ‘buckets’ you can put your money in to diversify risk while ensuring stable returns. Continue reading

Know Your Savings Rate

BLUF: Your savings rate is the most power number you can easily control.  The higher your savings rate, the sooner you can be financially independent.  By tracking your monthly budget and expenses your savings rate will become clear. Continue reading

Finance 101: Make A Budget

BLUF: Making a monthly budget is easy; however, reconciling it to how much you actually spend every month is the hard part.  I am not going to lie, this takes discipline. Continue reading

Track Your Net Wealth Now

BLUF:  Tracking your Net Wealth is a good place to start because it is quick and sheds light on your total financial situation, it also begins to open up other questions. Continue reading

Why Military Members Are Bad With Money

BLUF:  The military provides excellent resources to spring board anyone into solid financial footing; however, poor financial decisions are commonly repeated.  By understanding those issues, you can navigate your financial life easier.

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