MILMO Show

Transitioning out of the military, either separating or retiring, is a life-changing event. Not only for the Service Member but also for their family, who has served alongside during countless moves, deployments, and the constant change associated with military life. Without a plan, this transition can seem overwhelming and stressful, instead of an exciting new opportunity for the whole family. My guest, Charlene Wilde, is here to share some tips to prepare the whole family for a successful and well-planned transition. She has not only the first-hand experience as a veteran but also as a spouse to a soon retiring service member.

Charlene Wilde is the Assistant Secretary of the American Armed Forces Mutual Aid Association (AAFMAA), our nation's longest-standing military financial services non-profit organization. Charlene is a veteran of the United States Army Chemical Corps.

Mortgages have become a part of the American life as much as the American dream. For most people, homeownership comes with 15 to 30 years of monthly payments and thousands of dollars of interest paid to banks. My guest is here to share some ideas for other ways to get out of debt. Using the Shred Method, Adam Carroll paid off his home in record time saving over $180,000 in interest in the process.

Adam Carroll has published four books, produced an award-winning documentary on student loan debt, has a TED talk with over 5 million views, and helps people achieve true financial freedom in their lives. More than financial freedom, Adam is all about helping people achieve time freedom, relationship freedom, and service freedom.

You can get the show notes here: https://laceylangford.com/podcast/shred-method-getting-out-of-debt/

We teach our children their ABCs, arithmetic, and basics of life as they grow to become members of our society but who's teaching them to be money-savvy? Doug and Carol are joining me to discuss how parents can set their children up for financial success and independence. As Father and Daughter, they bring a unique perspective, providing an inside look on both sides of Carol's financial education.

The show notes can be found here:

https://laceylangford.com/podcast/how-to-raise-your-family-money-savvy/

Doug Nordman served for 20 years on active duty in the U.S. Navy and retired at the age of 41. He and his spouse, a retired Navy Reservist, reached financial independence in the late 1990s on a high savings rate. He's the author of "The Military Guide To Financial Independence And Retirement" and founder of The-Military-Guide.com.

Doug's daughter, Carol Pittner, joined the Navy on a ROTC scholarship and has served around the world on a destroyer and an aircraft carrier before transiting into the Reserves. She and her active-duty spouse are rapidly approaching financial independence on a high savings rate. Military personal finance is an important family topic to both Carol and Doug who are the authors of "Raising Your Money-Savvy Family For Next Generation Financial Independence", coming on 8 September from ChooseFI Media.

Sam X Renick discusses how to educate children about money and the importance of sharing the lesson of financial responsibility with them. Sam has created the character, Sammy Rabbit, as a tool to aid parents and a fun way to connect with children as young as three to learn about finances. He will share with us how to influence healthy money habits to set children up for future financial success.

Sam is an award-winning financial educator, children's author, songwriter, and entrepreneur. He is the driving force behind Sammy Rabbit and Sammy's Dream Big financial literacy education strategy. His efforts have been chronicled and quoted by a variety of media, including NPR, MSN, the New York Times, and the Armed Forces Network.

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Right now, buying a home is choppy water or is it? My guest, Chris Birk, is here to talk to us about the current state of the housing market, details for VA loans, and the impact of the COVID-19 crisis on the industry. He helps us take a closer look at the CARES act and what it means for homeowners during this challenging and unprecedented time.

Chris Birk is the Director of Education for Veterans United Home Loans, the nation's largest VA lender, and author of "The Book on VA Loans: An Essential Guide to Maximizing Your Home Loan Benefits." Chris's articles and analysis have appeared at The New York Times, the Wall Street Journal, the Washington Post, Fox Business, and more.

Show notes can be found here: https://laceylangford.com/podcast/overcoming-homebuying-challenges-with-chris-birk/

Whether you like it or not, your identity will be in some way redefined when you get out of the military. What will your life be like when you get out? What will be your career path, how will you make money, what will family life be like. Getting out of the military can be challenging but there are also opportunities to make improvements.

In this show, my guest has a mission is to bring military veteran Dads home to their families. Ben Killoy is a U.S. Marine Veteran turned blogger, life coach, speaker, and podcaster. Ben has gone through what most transitioning veterans go through, the feeling of needing to redefine their identity outside of the structure of the military and rediscovering your passion and purpose for life. In this episode, he shares advice on how Dads and Moms can make the transition out in a way that works for them.

You can find the show notes here:

https://laceylangford.com/podcast/redefining-your-identity-for-civilian-life/

Higher Education has become associated as a requirement for success and as a necessity for young adults as they enter society and the workforce. Continuing education is consistently marketed to older adults with flexible, online-only options that promise an increased salary within months. For most this education comes at a cost. According to Pew Research, one-third of adults under 30 have student loan debt. The question becomes is more education worth the investment and the possible years of debt.

In this show, Matt Miner is back to discuss the question of is more education the answer. Matt is a fee-only, fiduciary advisor with PLC Wealth Management providing financial planning to families and individuals making super-important life decisions.

You can find the show notes here:

https://laceylangford.com/podcast/is-more-education-the-answer/

A challenge that many military spouses face is finding a job that can fit their lifestyles. Between the PCS moves across country or even overseas, to the difficulty of locating childcare at each new duty station; a flexible job is not easy to come by. Freelancing provides a unique opportunity to be your own boss. You get to make your own schedule and focus on writing topics based on your own experiences and interests. The question is how to get started making money.

In this show, my guest Lizann shares her story and tips about becoming a successful freelance writer. Lizann Lightfoot is a Marine Corps wife and mother of 5 children. She has been writing professionally on topics related to the military community for over 4 years and has self-published two books. Her blog, The Seasoned Spouse, receives thousands of visits each month and Lizann's writing has been published by major outlets such as Military Spouse Magazine and Military Families.

She is sharing her story behind becoming a freelance writer and best practices for those interested in getting their start.

Show notes can be found here:

https://laceylangford.com/podcast/military-spouses-can-make-money-freelance-writing/

The topic of money and budgeting can be a major stressor in marriage. Different backgrounds and views on how to spend and save can easily lead to conflict.

My guests are here to discuss the role finances play in all stages of a relationship and the importance of having a plan. Willa Williams and Weslia Echols are the founders of Trinity Financial Coaching and the Abundant Living Radio Show.

In this show, they share why an understanding of each other's expectations about money isn't just for married couples, but something that couples need to communicate before saying "I Do." Their advice will help you navigate this sometimes sticky subject and make debt reduction and budgeting a joint effort. As with any relationship subject, communication is the key along.

Show notes can be found here: https://laceylangford.com/podcast/build-a-moneywise-marriage/

Now more than ever finding inspiration or positivity to get or keep our financial lives on track can be hard. When times are challenging it can be difficult to get refocused.

This show is all about getting reinspired and refocused with your money. There are many different ways to manage, invest, and make money. My guest, Andy Wang knows a lot about finding inspiration for your money. Andy Wang is a Managing Partner at Runnymede Capital Management and host of Inspired Money podcast. He was named by Forbes as a Top 10 Personal Finance Podcast. He has been named among the INVESTOPEDIA 100: Most Influential Advisors, Top 100 Most Social Financial Advisors by Brightscope, and has appeared on Reuters TV, Barron's, and Forbes. In this show, Andy shares a lot of stories and advice to help you get inspired with money.

Show notes can be found here:

https://laceylangford.com/podcast/finding-inspiration-for-your-finances/