Episodios

  • Money for Military Couples | Money for Couples...Military Edition #173

    Money for Military Couples | Money for Couples...Military Edition #173
    May 5 2025
    Most couples would rather talk about their sex life than money! What would it look like if we both felt good about money? Today we talk about how to get started with dreaming together and how to discover how to create a shared vision and discussing what kind of money stories do you want to write together as a couple Jamie's 3 main take-aways: You and your spouse have to talk about money, understand where they're coming from, and their money scriptsYour priorities will be different; find a way to get to a shared visionWhatever system you choose, shared goals and a shared vision are MOST important Spencer's main lessons: Discover how money can be a source of collaboration between you and your partnerConnect with your partner and use the medium of money to do thatMoney doesn't have to be a source of stress or strain Other topics we discussed: CommunicationDreaming conversations (visionary dreams, not costs at first)Be curious about why your spouse may have negative mindsets about money"I wonder what it would look like if we had a talk about money this week"Working each person's priorities into your budget with whatever system you chooseStarting the meeting with appreciation for each other"A budget is a tactical solution to a psychological problem" - Ramit Sethi"A budget's not going to save you, but learning how to connect over money just might!" - Ramit Sethi Housing, transportation, and food are often the 3 biggest areas military couples often overspend in Links: Money for Couples by Ramit SethiThe Money for Couples podcast Ramit's 10 Money Rules, episode 108 of our podcastRamit flow chart@militarymoneymanual on instagramYNAB (military discount)Justin Peter's FI Minded podcastMoney Scripts podcast episode #82 with Daniel Kopp For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call. Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE! If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com. If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com. I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
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    51 m
  • Too Much Cash? How Much Cash a Military Family Must Have with Erik Baskin #172

    Too Much Cash? How Much Cash a Military Family Must Have with Erik Baskin #172
    Apr 28 2025

    Holding too much cash can be a drag on your gains. You shouldn't have too much of it sitting in your account without a specific purpose.

    Today you'll learn answers to questions such as: How much is too much? Where should I keep my cash? What should I do today if I have too much cash?

    Links from today's episode:

    • Erik Baskin at Baskin FP
    • Past podcast episodes with Erik Baskin include episode 72, episode 129, and episode 168.
    • Erik Baskin on LinkedIn
    • The Veteran Finance podcast with Erik Baskin

    For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call.

    Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE!

    If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.

    If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com.

    I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
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    23 m
  • Lump Sum Vs Dollar Cost Averaging #171

    Lump Sum Vs Dollar Cost Averaging #171
    Apr 21 2025

    Which is better, lump sum investing or Dollar Cost Averaging? Bottom line, neither is significantly better, although lump sum investing statistically wins slightly. The more important factor in you building wealth is that you invest consistently for the long-term!

    Missing just the 10 best trading days between 2002-2022 would cut your returns by 50%. Don't play games when you know it's impossible to win. Just keep investing!

    Links from today's episode:

    • Vanguard white paper on lump sum vs. DCA
    • Military Money Manual blog post on this topic
    • How to Time the Market
    • World's Worst Market Timer (only investing at the peak)

    For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call.

    Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE!

    If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.

    If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com.

    I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
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    15 m
  • Practice over Perfection - Shifting Your Money Mindset to Reduce Frustration & Improve Communication #170

    Practice over Perfection - Shifting Your Money Mindset to Reduce Frustration & Improve Communication #170
    Apr 14 2025

    Better every day. That's the goal. Not perfection.

    What skill have you ever learned that you were perfect at right from the start? Then why are you so hard on yourself when your financial journey isn't perfectly smooth and easy? Each positive decision you make, each money conversation you have with your spouse is like a good set at the gym. Not every rep is perfect, so you keep working on it.

    This week, we're talking mindset shifts to help you think of one way you can PRACTICE this week with:

    • Spending intentionally
    • Communication
    • Overcoming exessive frugality & moving on from seasons of aggressive saving

    Money management is a skill that improves with practice. You'll get better with each rep. Don't expect perfect from you every day (or from your spouse!). What decision today could be one rep?

    For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call.

    Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE!

    If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.

    If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com.

    I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
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    22 m
  • Money for Military Women, How Gender Roles Affect Your Finances, VA Loan House Hacking, & Off-Duty Employment with Lanae Lang of @Lanaeslife1 #169

    Money for Military Women, How Gender Roles Affect Your Finances, VA Loan House Hacking, & Off-Duty Employment with Lanae Lang of @Lanaeslife1 #169
    Apr 7 2025

    "Reading changed my life!"

    Today's key topics include: VA House Hacking as a young officer, military influencer and off duty employment in the Air Force, personal finance for military women, and self improvement for new officers and cadets.

    As a young officer, Lanae is debt free except her mortgage, owns a home using her VA loan, has a very high savings rate, and helps spread awareness about how women can improve their knowledge and personal finance situation.

    Links:

    • Lanae's Instagram @lanaeslife1
    • Spencer's article about the VA Loan
    • Our VA loan podcast episode w/ Rich Carey
    • Our VA Loan- Everything you Need to Know podcast episode

    See Important Disclaimer for Department of the Air Force Influencers

    Lanae is a Force Support Officer stationed in Colorado. She earned her commission through the ROTC program at Ohio University and received her Bachelor’s of Science degree in Communication Studies 2022. She became a home owner and debt free at 23 years old and loves to read, travel, be outdoors, and is passionate about personal finance education for women.

    For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call.

    Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE!

    If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.

    If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com.

    I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
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    45 m
  • International Stock Investment for Military Families with Erik Baskin, CFP #168

    International Stock Investment for Military Families with Erik Baskin, CFP #168
    Mar 31 2025

    30%-40% international funds in your portfolio!?

    What is home-country bias and why you may want exposure to markets other than just the US stock market.

    Links:

    • https://www.baskinfp.com/
    • Military Tax Experts Alliance
    • Vanguard article on international investments
      • "U.S. stocks are unlikely to repeat their past outperformance over the coming decade" - Vanguard
    • Spencer's personal assett allocation

    For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call.

    Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE!

    If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.

    If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com.

    I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
    Más Menos
    25 m
  • Military Entrepreneurship, Guard Benefits, Contributing $70k into TSP while Deployed with Ryan Guina from The Military Wallet #167

    Military Entrepreneurship, Guard Benefits, Contributing $70k into TSP while Deployed with Ryan Guina from The Military Wallet #167
    Mar 24 2025

    Entreprenuership, Guard benefits, TSP while deployed, and more!

    Topics from today:

    • Starting TheMilitaryWallet.com
    • Joining the Guard after 8 years
    • Why he joined the Guard
    • VA disability
    • Guard pay, healthcare, and retirement differences
    • Transition Assistance Medical Program (TAMP)
    • TSP contributions in a combat zone
    • Annual additons limit
    • Ryan's personal considerations for whether to continue serving past 20 years

    Ryan Guina is The Military Wallet's founder. He is a writer, small business owner, and entrepreneur. He served over six years on active duty in the USAF and is a current member of the Tennessee Air National Guard.

    Ryan started The Military Wallet in 2007 after separating from active duty military service and has been writing about financial, small business, and military benefits topics since then.

    For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call.

    Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE!

    If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.

    If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com.

    I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

    The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
    Más Menos
    43 m
  • Don't Buy a House When Leaving the Military with Kate Horrell #166

    Don't Buy a House When Leaving the Military with Kate Horrell #166
    Mar 17 2025
    64% of veterans will leave initial first post-military job in the first two years! Repeat guest Kate Horrell joins us again to discuss her thought-provoking post on this topic. Of course there are always outliers and unique circumstances, but in genral we hope this conversation helps you slow down and question the pressure to "stabilize" and find your "perfect, dream home" immediatley after you leave active duty. Main reasons to consider renting for 1 or 2 more years include: Employment instabilityEffect of stress on decision-makingFinancial upheaval and the unknowns Links we mentioned: Kate's article "Don't buy a house when leaving active duty" The Syracuse University study KateHorrell.comKate's Military Family’s Confidently Prepared™ Life BinderKate's Red Cross notification checklist for your familyKate's new book on the GI Bill (coming ~4/15/25) Kate Horrell is an Accredited Financial Counselor®, Chartered Financial Consultant®, and Military Qualified Financial Planner®. She's also the spouse of a retired sailor and mom of four young adults. She writes about the financial issues that affect military families - pay, allowances, and benefits. Plus college stuff, landlording, moving, taxes. We cover a little bit of everything. Her goal is to give you the tools to make the best decisions right now, so you'll be confidently prepared for whatever comes next - whether that's a PCS move, transition to civilian life, or retirement. For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call. Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE! If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com. If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com. I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
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    50 m
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