![]() ![]() They offer spending advice and recommendations that everyone can adopt, not just those in the military. Michael Norton explore the idea of “happy spending” in their book, Happy Money: The Science of Smarter Spending. Read more: Why You’re Living Above Your Means – And You Don’t Even Know It!īehavioral scientists Dr. As you progress through the ranks, try to live the same way and keep the same habits. No matter what rank you are, looking ahead will help you manage your savings. It’s no mystery how he achieved that – he merely planned well. We all know that person, the guy who completed his service and retired to enjoy his comfortable life. Save money manager ex how to#Read more: How To Make A Budget: Our Step-By-Step Guide To Managing Your Money 2. Starting a budget now can help you plan for the future, even if it just includes your going out money and savings. Start a budgetĮven though you won’t have to budget for housing, food, and other expenses while in the military, you will have to someday. USAA offers great banking for military members, since it’s a bank only available to past and present military members and their families. ![]() If you don’t already have a savings account, open one. How do you do that? Plan, persevere, and persist. So long as you keep your head, you should be able to accumulate significant savings. Saving it is the real challenge, especially once you’re off base. You’re so busy training, eating in the chow hall, and sleeping in barracks that it’s easy to accumulate money quickly. Source: PhotoVectorStudio/ Īs a young person in the military, you can count on a large chunk of your paycheck being disposable income.
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