Money Management Resources for Members of the Military

Servicemembers and their families face unique financial challenges. We will be partnering with the following organizations  to produce a periodic newsletter, Money Matters, for the military community at Loyola.

• Military OneSource is a free service provided by the Department of Defense to service members and their families to help with a broad range of concerns including money management, spouse employment and education, parenting and child care, relocation, deployment, reunion, and the particular concerns of families with special-needs members. 
• Smart Military Money works to give military service members and veterans the best personal finance and budgeting advice aimed specifically at the military lifestyle
• The Office of Servicemember Affairs is here to ensure that military personnel and their families have a voice at the Consumer Financial Protection Bureau. Military life can have some extra challenges that can sometimes have powerful financial consequences.
  • Kiplinger and the Better Business Bureau have partnered to produce a Personal Finance Guide for Military Families.
  • The New Jersey Attorney General’s Office produced A Salute to Smart Investing, a booklet designed to help military families work through the basics of smart investing.
  • The FINRA Investor Education Foundation has created SaveAndInvest to give military families and older investors good information about investing wisely.
  • Check out these creative saving strategies from the U.S. Navy Personal Financial Management Program.
  • Emergency Relief Programs
  • The Department of Veterans Affairs provides information about benefits for surviving family members of military personnel who died in service or as veterans. The VA also publishes a book of benefits for veterans, dependents, and survivors.
  • Learn more about reporting a retiree’s death to avoid possible financial complications.
  • General information on pay for military members
  • Tax information for military members

Updated December 19, 2012