I am not sure about some of you in the military but I rather enjoy doing finances while deployed.
1. When you see your paycheck you notice there are no federal taxes withheld (except fica, ss, med).
2. You also add in all the combat pay. $250 for family seperation, $225 for Hostile Fire pay, $100 for Hazardous Duty pay.
3. You expenses back on the homefront drop (if you are lucky) since my wife is only spending for herself and my son.
This is where a lot of us in the military get ourselves back in line. I could easily pay off my car loan in the next couple months. But why pay off a 3.9% loan when I can put money in the SDP.
The Savings Deposit Plan is somewhere where deployed service men and women can put in up to $10K and get a guaranteed 10% interest from Uncle Sam.
I was also lucky enough to have internet available for my laptop so I can update Quicken and have easy access to my finances.
- D
Deployed Finances
May 20th, 2008 at 05:53 am
May 20th, 2008 at 11:52 am 1211280748
May 20th, 2008 at 03:19 pm 1211293188
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May 20th, 2008 at 05:44 pm 1211301898
May 20th, 2008 at 07:26 pm 1211307986
Take care over there!
May 21st, 2008 at 01:57 am 1211331464
May 21st, 2008 at 01:49 pm 1211374145