Military Money Manual Podcast

Learn how to maximize your military paycheck in my new book The Military Money Manual: A Practical Guide to Financial Freedom available directly from me on my website or on Amazon.

The book has dozens of 5 star reviews on Amazon and Goodreads. It's available as a:

• Amazon Kindle Ebook
• Amazon Prime Hardcover
• Audible Audiobook

If you enjoyed the book, please leave a review on Amazon or Goodreads so other military servicemembers and spouses can find it.

Don't have a good asset allocation or investment strategy for when the stock market crashes?

Learn how to self-invest your military paycheck in my book The Military Money Manual: A Practical Guide to Financial Freedom. available directly from me on my website or on Amazon.

The book has dozens of 5 star reviews on Amazon and Goodreads:

• Amazon Kindle Ebook
• Amazon Prime Hardcover
• Audible Audiobook

Three main takeaways from today's episode:

1. The stock market has normal cycles of ups and downs
2. Don't panic- it's not a realized loss until you sell
3. When the market is down, long-term investors, like most people in the military, especially younger ones, have the chance to buy index funds basically on sale

Continue your education:

• how to maximize your military TSP 5% match
• My asset allocation
• Little Book of Commonsense Investing
• Warren Buffet on Stock Market Crashes
• My Personal Investing Principles: LADS
• How to Time the Stock Market (with PersonalFinanceClub)
• PersonalFinanceClub on Instagram

Dozens of 5 star reviews on Amazon and Goodreads:

• Amazon Kindle Ebook
• Amazon Prime Hardcover
• Audible Audiobook

Buying a car is usually the largest purchase of a young servicemember. Take some time to think through the decision. Even saving 10% can add up in a big way.

I cover buying your first car in the military in the book. In this episode, Jamie and Spencer talk through their car buying process and what to consider when making a large purchase.

Active duty, guard, reserves, and military veterans are all eligible for VA loans if certain conditions are met.

I built the VA Loan Ultimate Guide to explain the confusing VA loan process.

1. What is a VA loan?
2. How to determine if you are eligible for a VA loan?
3. How to get a VA loan Certificate of Eligibility?
4. What credit score do you need for a VA loan?
5. What is the VA loan process, from start to finish?
6. Who are the best VA loan lenders?
7. What is a VA cash-out refinance loan?

In this episode Jamie and Spencer explain everything you need to know about VA loans and how to use them for maximum benefit.

To learn how to maximize your military paycheck, 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

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

Changes are coming to the TSP! Learn all about the June 2022 changes to the TSP in this episode.

• New TSP app
• New TSP website
• Mutual fund window

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 pick a strategy and then stick with it through good times and bad. Consistency and a high savings rate can overcome any investing performance issues.

Chasing performance and market timing nearly always ends up in failure. The safer solution is a long term strategy of buying and holding low cost passive index funds, like the 5 TSP Funds: G, F, I, S, and C Funds.

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 - International stock market fund
• F Fund - US Bond market fund
• G Fund - US treasuries fund

And explain the historical rates of returns of the funds.

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 of additional Amex Membership Reward points to your account. They also have complementary bonus categories to the Amex Platinum card, so you can earn more points in different categories like US supermarkets, travel, and restaurants.

Learn more to maximize your military travel benefits in my Ultimate Military Credit Cards Course. 100% free, email based, and I'll send you all the content straight away. Unsubscribe at any time.

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 audiobook. With multiple of 5 star ratings, the book is available directly from me on my website or on

• Amazon Kindle Ebook
• Amazon Prime Hardcover
• Audible Audiobook