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Rich Girl Roundup: The Financial Benefits of Being Active-Duty Military

Rich Girl Roundup: The Financial Benefits of Being Active-Duty Military

FromThe Money with Katie Show


Rich Girl Roundup: The Financial Benefits of Being Active-Duty Military

FromThe Money with Katie Show

ratings:
Length:
14 minutes
Released:
Mar 27, 2023
Format:
Podcast episode

Description

Katie's husband Thomas has been an active-duty US Air Force JAG since 2021, and we've received many questions over the years about military benefits and finances. Here's the TL;DR on the perks of being active-duty military or a dependent based on Katie's personal experience, from accessing VA loans to basic allowances for housing.
Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week.
Learn more about our sponsor, Betterment: https://betterment.com/moneywithkatie
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Mentioned in the Episode

Military Benefits for Active Duty and Veterans: https://www.benefits.gov/categories/Military%3A%20Active%20Duty%20and%20Veterans


VA Loan: https://www.va.gov/housing-assistance/home-loans/eligibility


VA Home Loan Process Checklist (Page 9): https://www.benefits.va.gov/HOMELOANS/documents/docs/VA_Buyers_Guide.pdf



The Reluctant Landlord: https://www.reluctantlandlord.net/

Military Pay & Pensions: https://www.usa.gov/military-pay


Thrift Savings Plan: https://www.dfas.mil/civilianemployees/employeebenefits/TSP/


Basic Allowances & Military Income: https://militarypay.defense.gov/pay/


Military Taxes & Residency: hrblock.com/tax-center/lifestyle/military/military-taxes-and-residency/


Military Health Insurance (TRICARE): https://www.tricare.mil/


Credit Card Benefits: https://www.americanexpress.com/us/help-support/service-members-civil-relief/


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Released:
Mar 27, 2023
Format:
Podcast episode

Titles in the series (100)

Finance bros are out, #RichGirls are in. Join Money with Katie and her guests as they talk spending habits, smart investing, and tax strategies – without putting you to sleep. Listen weekly on Wednesdays to learn how to turn your Rich Girl mindset into money.