Monthly Archives: August 2011

Investing For Vets – Is the Stock Market Worth The Risk

August 25, 2011
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The stock market is very volatile. Many military members may wonder if they should invest in it while many company shares are low, or for those who already have money invested, if you pull the money out. Investing is always a game of gambling, and many people often end up losing a lot of...

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Credit Debt For Troops – Active Duty, Reserve And Vets Face Tough Economic Times

August 25, 2011
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Many veterans and active-duty military members often struggle with various forms of debt. Like many Americans, credit card debt is easy to accumulate. It is especially difficult for military members who constantly move around. Though the military does provide money to help assist military members and their families get from point a to point...

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Military Retirement Changes – Commission To Propose Changes To Current Policies To Save Government Money

August 25, 2011
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There’s been some concern in them America for the potential changes to military retirement. Though there has not been anything decided upon or set in stone, there is a committee being created to assess changes to various military programs. The government pays roughly $40 billion for retirement each year. This high number makes it...

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GI Bill Benefits For The Post 911 Plans For Veterans – BAH Rates, Book Stipends And Benefits For College

August 25, 2011
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The post-9/11 G.I. Bill, or the G.I. Bill 2.0, allows Americans to apply to college at the graduate or undergraduate level. The option of having “free” college is one of the biggest draws for many military members. Then the people however are not aware of what benefits are available and how much they can...

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VA Loan Rates In August – Average Rates From Providers For Vets And Active Duty

August 25, 2011
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Many active-duty military members and veterans in America are currently searching for rates for mortgages in August. The interest rates have dropped to around 2% making buying a home much more desirable than in the past couple months and years. With the housing market crisis, many Americans including active-duty military and veterans found it...

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Active Duty PCS Moving – Family Financial Planning To Save Money While Transferring

August 16, 2011
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These are the months most active duty members start their PCS move to a new unit. It can be a very difficult and stressful time for an individual to pick themselves, their belongings and their family and possibly move it across the country. Many individuals serving in the military with families will often choose...

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Today’s VA Loans For Current And Prior MIlitary – Average Rates And APR For Active Duty And Veterans

August 10, 2011
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VA loan rates for Active Duty and Reserve have changed as of October 1st 2011. Many rates and fees will be lowered for most VA loans issued after this date. Old rates for vets were around 2.15% with a 5% down payment. Those rates have dropped to 1.40%. This...

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Cost Of Military Education – The GI Fairness Act And Its Effects On Active Duty And Vets

August 9, 2011
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The restoring G.I. Bill fairness act of 2011 was signed by Pres. Obama on August 3, 2011. This was designed to protect veterans who have been enrolled in non-public institutions for higher learning. This will be as far-reaching as January 4, 2011. This will prevent a rejection of tuition coverage that originally came about...

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The Debt Ceiling Deal And The Effect On Military Pay – Will Soldier See An Increase Or Decrease In Their LES

August 4, 2011
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Many active-duty members and veterans around the country have been worried about the potential effects of the debt ceiling crisis. One concern is a halt of payment and benefits. But the deal has been reached and the concern now regards what the impact will be. The debt plan that was initiated between Republicans and...

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VA Home Loan Form 26-1880 Certificate For House Purchases In August – Eligibility Requirements To Receive A VA Loan For Active Duty And Vets

August 4, 2011
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American veterans and active duty military looking to purchase a home in the month of August will need to fill out the VA form 26–1880 if they want a VA home loan. Requesting a certificate of eligibility is the 1st step in the process. The certificate is issued through the Veterans Administration. Active duty...

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