MILMO Show

Service members and their families are a protected group when it comes to their finances. The Department of Defense intentionally protects the military community from predatory financial sales practices while they are serving. Those protections are no longer there when you separate or retire, making transitioning service members top targets of predatory sales practices. 

In this episode, Drew Stamp discusses what service members and their families are up against when they’re leaving the military and how to educate themselves and combat bad actors in the financial and veteran space. We also discuss whether all the benefits the community receives could negatively affect them.

We talk about:

• Transitioning from Military Service
• Purpose, Identity, and Community
• Predatory Financial Practices
• Financial Literacy Gaps
• Misleading Sales Practices
• The Importance of Gratitude and Self-Sufficiency
• Positive Traits of Financial Professionals
• Financial Planning for Transition

Show notes: https://milmo.co/podcast/predatory-financial-sales-practices

The relationship between money and marriage can be complex especially when you add military service to the mix. When you bring two different backgrounds to a relationship and if you’ve had marital problems, managing money together can be all the more challenging. 

In this episode, veteran and military spouse Tyron White and I discuss the financial challenges military couples face, the importance of seeking help for both marital and financial issues, the power of financial therapy, and the misconceptions about getting help.

Show notes: https://milmo.co/podcast/rebuilding-financial-health /

Separating or retiring comes with changes in many areas of your life and money. One of those often overlooked big changes is your taxes. 

What you did or didn’t pay in taxes looks a lot different after military service. 

In this episode, Matt Stephens and I discuss what the tax differential wage equivalent is, why it matters, and how it can significantly impact your financial decisions as you move from military to civilian life. Show notes: https://milmo.co/podcast/tax-reality-every-veteran-needs/

It’s my Birthday Week on the MILMO® Show. Every year for my birthday, I like to interview someone special in my life. In past years, I’ve interviewed my Mom, Dad, and my 97-year-old grandmother. This year is no different. I have a very special guest to help me celebrate my birthday on the show. 

In this episode, my brother, Brian Flanigan is in the hot seat answering all of my questions. He shares the biggest challenges he has faced retiring from the Air Force, the best thing he got out of the military and advice for people getting ready to separate or retire. He even shares his experience of being diagnosed and fighting cancer on active duty. 

Show notes: https://milmo.co/podcast/2024-birthday-week

It’s my 300th episode. When I started, I never imagined being where I’m at now. Having a podcast is like being on a roller-coaster. There are ups and downs, twists and turns, but it’s all exhilarating. 

In this special episode, I’m sharing a look back on podcasting 300 episodes of the MILMO Show, a behind-the-scenes look at what I do, lessons learned, and the questions and answers I’m asked about podcasting.

Show notes: https://milmo.co/podcast/podcasting-look-back-300-episodes

I love that I get to talk to you every week about money and entrepreneurship. I’m getting real close to my 300th episode, which means a lot to me. While I love that I have the privilege to be one of the podcasts you listen to, I want to do more. I want to go beyond devices and connect with members of the MILMO® community in a more meaningful and impactful way. I’ve been planning something for a while—something that will bring the MILMO® community together. 

In this episode, I’m going to tell you what MILMO® Meet is, my vision for it and one teensy change I’ve made to the branding of MILMO®. 

Show notes: https://milmo.co/podcast/announcing-milmo-meet

A PCS or Permanent Change of Station impacts every part of your life, including your finances and jobs. Understanding the basics of PCSing can help you avoid costly mistakes and maybe make some money on it. 

In this episode, Kate Horrell breaks down the financial basics of a PCS, the allowances provided by the DoD for your move, and advice to make everything go smoother. 

Kate is an Accredited Financial Counselor®, Chartered Financial Consultant®, Military Qualified Financial Professional, and founder of Kings High Media. She creates personal finance content that helps our military and veteran community make the most of their pay and benefits. In addition to being a financial expert, Kate knows a thing or two about being a military spouse and PCSing. She’s been married to a now-retired sailor for 30 years, corralling four girls and two cats across four OCONUS tours and a handful of homes in the US. Show notes and resources: https://milmo.co/podcast/pcsing

Not everyone tracks the state of the economy, but when the news reports that it’s taking a nosedive, that usually gets people's attention. There is one thing at the heart of our economy that can help you have a better understanding of how it all works, and that’s the federal funds rate.  

In this episode, I’m going to break down what the federal funds rate is. Who sets it? And most importantly, why should you, as someone managing your or your family’s finances, care about it?

The show notes can be found here:

https://milmo.co/podcast/federal-funds-rate

Have you ever had an idea to make a product that other people might be willing to buy? Many of us have, but how do you take your idea and get it produced and packaged to sell? You also need to have the resilience, innovation, and entrepreneurial spirit to get it done. 

In this episode, Air Force veteran, Haley McClain Hill shares her behind-the-scenes experience building TORCH Warriorwear, a company born from her military background and entrepreneurial spirit. We talk about how she turned an idea to be more comfortable in uniform into a global brand, secured partnerships with major organizations, and even landed a deal on ABC's Shark Tank.

Show notes: https://milmo.co/podcast/creating-a-product-and-winning-pitch-competitions

You know that feeling when you bite off way more of a burrito than you can chew? It's overwhelming. Instead of enjoying the taste and appreciating the awesome sustenance, you’re panicky and scared you’ll choke to death. Well, that’s exactly what many of us do with our finances. We set massive goals, take it too much information, and try to tackle everything at once. Then we end up feeling overwhelmed, paralyzed, and defeated. But great news, there's a better way.

In this episode, I’m going to break down why taking small, consistent bites out of your financial goals is the secret to lasting success. I’ll share practical strategies to make your money moves more manageable, celebrate small wins, and motivate you along the way.

https://milmo.co/podcast/financial-bites