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.

Fighting Food Insecurity with Healthcare Initiative

NOVEMBER 25, 2024 – Have you visited your primary care provider lately? If so, you may have noticed additional screening questions added to your check-in. This is the result of a 59th Medical Wing initiative to identify and address food insecurity in our patient population. A 2023 RAND study found that 25.8% of military families […]

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 […]

Better Serving Our Service Members Through Higher Education

AUGUST 28, 2024 – This year marks the 80th anniversary of the G.I. Bill®[1], a historic piece of legislation that created a range of benefits for veterans, most notably tuition assistance. In fact, 7.8 million of the 16 million American veterans returning from World War II took advantage of the G.I. Bill’s education opportunities, and by […]

Former Soldier Navigates Job Hunt

NOVEMBER 19, 2024 — In early 2017, Michael Quinn endured what he called the worst day in the worst year of his life. Quinn, then a sergeant major and 24-year Army Soldier, had weathered deployments in Iraq, Afghanistan and the Philippines. As an Army counter-intelligence agent, he said he learned to operate under grave circumstances […]

Veteran Financial Planning for Holiday Spending & 2025 COLA Changes

NOVEMBER 8, 2024 – As Veterans Day approaches, it’s an excellent time for veterans and their families to take a close look at their finances. Two important financial events are on the horizon: the holiday spending season and the 2025 Cost-of-Living Adjustment (COLA) changes. Like any important task, proper planning is key to success. Holiday […]

Comments