Money Index - MilitarySpot.com

Buying A House?
Or Refinancing?

Get a mortgage backed by the VA. It’s as easy as following these five steps

– Determine Eligibility
– Sign Purchase Agreement
– Order VA Appraisal
– Apply For Mortgage
– Purchase House

Before arranging for a new mortgage to finance a home purchase, veterans should consider some of the advantages of VA home loans.

Click here for the many benefits a VA loan offers.

Serviceman’s Group Life Insurance

The Serviceman’s Group Life Insurance, better known as SGLI, is group term life insurance available to members of the armed forces, purchased by the government from private insurers, and partially subsidized by the government.

Learn More

Paying For College –

There are many benefits to becoming a Soldier in the USArmy, including programs to help with your college education now and in the future. Programs include:

– Army College Fund (ACF)
– College Loan Repayment Program
– Montgomery GI Bill (MGIB)

Click here for more information on programs that offer money for your education.

Are you receiving the correct Basic Pay Rate? Click here for 2010 US Army rates and FY2010 rates. Check out the military pay scale. An enlisted Servicemembers grade (usually the same as rank) and years of service determines the amount of basic pay received.



Take Control	Get Help	Credit Tips	Budget	Credit Report
Track Your Spending, Develop a Debt,Plan Consolidate Debt, Lower Your Credit Card Rate, Set up a Budget	Debt Management and Credit Counseling programs involve working with a Certified Financial Counselor who can understand your needs.	If used carefully, credit can be a helpful financial tool. Don’t take on more credit card borrowing or interest-free loans than you can afford to repay.	A budget, or spending plan, will help you cover all your needs, wants, expenses, and saving goals.	A good credit history opens financial doors that may be closed to those with a less than perfect credit history.

Airmen Specialists Train with Rough Riders

JUNE 9, 2026 – Airmen assigned to the 434th Air Refueling Wing Survival, Evasion, Resistance and Escape program partnered with the 54th Helicopter Squadron “Rough Riders” during a combat search and rescue exercise April 26, 2026, at Grissom Air Reserve Base. The training paired SERE specialists from the 434th Operations Support Squadron with helicopter crews […]

Air National Guard Unveils New Bonus Program

MARCH 11, 2023 – On March 1st, the Air National Guard (ANG) launched a new bonus program to attract and retain personnel in critical specialties. The initiative offers significant financial rewards, with bonuses of up to $90,000 for eligible members, depending on their Air Force Specialty Codes (AFSCs). This strategic move aims to strengthen the […]

Military Students’ Tips to Balance Service and Studies

OCTOBER 10, 2025 – Studying in college while serving in the military can be highly rewarding but also extremely demanding in some respects. Military members, veterans, and their families typically balance demanding duty schedules, deployments, family responsibilities, and school schedules. It requires careful planning, flexibility, and being willing to seek and take advantage of available […]

Summer Spike in Military Retirements: Easing the Transition to Civilian Life

JUNE 5, 2026 – There are typically about 95,000 to 110,000 retirements from the military in a given year, as service members conclude careers that have often spanned more than two decades, crossing the 20-year service threshold required to access military retirement benefits. These retirements tend to steadily occur as the year rolls on; however, […]

Why Veterans with Disabilities Need ABLE Accounts

MAY 18, 2026 – For many veterans living with disabilities, financial security can be a familiar challenge. A little-known financial tool – called an ABLE account – can offer help. Achieving a Better Life Experience accounts (“ABLE” accounts) have existed since 2016, and a landmark eligibility expansion that took effect January 1, 2026 is making […]

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