Service and Wealth

Service and Wealth

Hosted by: Ted E.

Welcome to "Service and Wealth" with the Military Wealth Coach! Dive into military budgeting tips, investing for military personnel, and financial planning for military families. Unlock strategies for military...

All Episodes

Episodes

(BONUS) 024 Trump 2.0, Part 2

We follow up last week's "post-election special" with a second round of discussion about the link between a second Trump Presidency and your life and finances in the military. In response to listener feedback, we dig...
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022 ELECTION SPECIAL: Predicting the Impact of Trump 2.0 on Your Military Pay

President Trump secured the 2024 presidential election by a wide margin -- and perhaps even more significantly the Republican Party gained seats in both the Senate and House of Representatives. As the party with an...
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021 Know Thine Enemy . . . The Real Deal on the TSP Lifecycle Funds

Do you know what happens when you let the military manage your TSP (Thrift Savings Plan)? You sacrifice between $1.1 and $2.6 MILLION by the time you hit retirement age. Let that sink in for a minute. The Lifecycle...
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020 You Have the Power to Change: Saving Money is Hard, Part 2

When your investment portfolio takes a turn for the worse, how do you react? Are you a "stick it out" type -- or do you "panic sell?" Do you believe that you "got screwed by the market" -- or do you take action to set...
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019 It's Not Your Fault: Saving Money Is Hard, Part 1

Did you know that your beliefs about money, saving, and investing were most likely formed when you were just 6 or 7 years old? The truth is that we imprint the beliefs and emotions of our parents, neighbors, and pop...
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018 The Military Wealth Coach's Take on "Girl Math" (Hint: It's Not What You Think)

TikTok loves Girl Math Memes -- both those "for", and those "against." While Girl Math has nothing to do at all with math (obviously), it also has nothing to do with girls: boys also use Girl Math all the time! While...
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017 Getting Out of the Military: What to do with Your Blended Retirement System (BRS) -- 3 of 3

This week we wrap up our monthlong series on the Blended Retirement System. Click the links to listen to Episode 1 and Episode 2 if you missed out. This episode is dedicated to explaining what to do with your BRS and...
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016 How Much You Really Make, aka The Blended Retirement System's Cash Value

Most of us who leave the military before 20 years do so to chase higher paychecks in civilian jobs. And while the dollar amount printed on the check every 1st and 15th will likely be more, are you really making more...
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015 How to Manage Your Blended Retirement System (BRS) While in Uniform -- 2 of 3

While your service branch may automatically enroll you in the BRS to make Thrift Savings Plan (TSP) minimum contributions of 5% in order for you to get the 5% Match, that's about the only part of it that is automatic....
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014 Retirement and Your Blended Retirement System (BRS) -- 1 of 3

This week we talk RETIREMENT and the Blended Retirement System (BRS). While saving for a car is a $10,000 goal and saving to buy a house with the VA Loan could require $25,000 in savings, retirement is going to...
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013 Meet The Coach: My Money Story

The way we think and feel about money, from unhealthy obsession to constant worry to total avoidance, is rooted in the experiences we had growing up, and the lessons we learned from others. The Military Wealth Coach...
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012 The Military's Survivor's Benefit Program (SBP): Why You Must Opt-Out

The military loves to gloss over the important things when it comes to pay and benefits, especially when it affects your bottom line. Indeed it goes beyond that and makes it more difficult to opt-in or opt-out for...
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