Money - 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.

Ready To Get Started. Click here for more >>

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.



The Armed Services Mutual Benefit Association, ASMBA, provides comprehensive, affordable life insurance coverage to Army personnel and their families.	Need Cash?? Let Military Financial provide you with an advance pay loan anywhere around the world.	MyPay Puts You in Control myPay allows you to manage your pay information, leave and earning statements, W-2s and more.	Moving is a fact of life in the military, and service members can expect to move more than once during their careers.

Are you receiving the correct Basic Pay Rate? Click here for US Army rates >>

An enlisted Servicemembers grade (usually the same as rank) and years of service determines the amount of basic pay received.

Money Topics of Interest:

DOD Office Looks to Effects of Climate Change

OCTOBER 3, 2022 – Earth’s average annual temperature is rising, and as service members adjust to new climate realities, the Defense Department must do its part to combat changes.  The Earth is 1.1 degrees Celsius warmer than it was in the late 1800s. The last decade, 2011-2020, was the warmest on record. The increase in […]

Air Force Recruiting Highlights BMT in Docuseries ‘Basic’

SEPTEMBER 2, 2022 – Follow five U.S. Air Force trainees on their eight-week journey of becoming Airmen while they deal with the challenges of navigating through basic military training. “Basic,” an eight-part, re-released docuseries shot in high-definition 4K resolution, presents the trainees’ perspective as they recount their experiences about why each of them left home […]

Top 5 University Scholarships for Military in the UK

JUNE 20, 2022 – The cost of a college education can be daunting and unaffordable for many university students in the UK. For the students who have set their hearts on joining the military, there are several scholarships available for them. These scholarships help military students overcome the financial challenges of attending college. A University […]

How to Start an Industrial Career After the Military

SEPTEMBER 13, 2022 – After serving the country for a good twenty years or more as a member of the military, you may be eligible to go into retirement. Of course, you’re also entitled to several retirement benefits. But does it really have to mark the end of your career life? Absolutely not! With some […]

Loan Forgiveness Waiver Nearing End

SEPTEMBER 22, 2022 – Defense Department personnel with student loan debt might be able to benefit from temporary changes made to the Public Service Loan Forgiveness program. The Limited PSLF Waiver allows borrowers to receive credit for past periods of repayment, making it easier to have their loans forgiven. Those who have not already applied […]

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