MILMO Show

If you are even thinking about your kid going to college, you'll want to learn more about the Free Application for Federal Student Aid, better known as the FAFSA® form. You may or may not have heard of it, and be aware of all of the benefits your child can receive by filling it out.  In this episode, I talk to FAFSA expert, John Tamrat about the form, when, and how to fill it out, and the benefits...

One way or another, you will leave military service, and your finances will change when you do.  In this episode, I talk to Clay Stackhouse, about how you can prepare your finances long before you leave the military.  Clay Stackhouse is a Regional Outreach Manager at Navy Federal. Clay previously served in the Marines for 25 years, having been a Navy Federal member for 34 years. He is passionate a...

There are two ways you can increase your financial situation. Make more or spend less. Geoartbigae is a way to reduce your living costs and make your income go further. Have you heard of it? If not, in this episode, Stephanie Montague shares her knowledge and tips geoarbitrage. She explains what it is, who it's for, and how it works best.   Stephanie is the founder and President of Poppin' Smoke,...

Managing your money goes beyond spending less than you make and saving money. You also want to get the most out of every dollar you work your butt off for. Using tax advantage accounts is one way to squeeze the most out of your money. But how do you know where to put which dollar?  In this episode, I talk with Sean Mullaney about picking the best tax basket for your different types of assets.  Sea...

What you do right now can have a positive impact for your future self. The planning and actions you take now can mean a better retirement for you and your family. But what should you be doing and when? In this episode, I talk with my friend and fellow podcaster, Wes Moss, about habits you can practice right now to become a happy retiree. Wes Moss is a CERTIFIED FINANCIAL PLANNER™, managing partner...

Investing is for the future, but you're still spending your money. We invest in funds but do you really know what you're investing in or how it works? When you're putting money on it, it's good to know how your dollars are being invested. In this episode, I talk with Julie Cane about how we can better be aware of how we are investing our dollars. The show notes can be found here: https://laceylang...

You all know, I'm a big fan of free financial help. It's a major benefit service members receive while on active duty and in retirement. It's also a benefit available to their family members. Just like anything in life, sometimes the information isn't relayed correctly.  In this episode, I talk with Lieutenant General (retired) Raymond V. Mason, the director of Army Emergency Relief, about some of...

November is Veteran's Appreciate Month. It's a whole month to support the veteran community. A special part of this month is veteran business week. In honor of the special week. I want to talk about some of the biggest lessons I've learned in business in hope it will help other veterans and military spouses in the entrepreneurship journey. I also reached out to some past Military Money Show guests...

So you have a TSP account that you're putting money into each month. Now what? Deciding what to put your money into can feel like an overwhelming decision. In this episode, I talk with Patrick Elliott about strategies you can use to invest in your Thrift Savings Plan. The show notes can be found here: https://laceylangford.com/podcast/ tsp-investment-strategies /

Separating or retiring from the military is a big undertaking that encompasses your world. It causes many shifts in your life, from finances to location to your identity. It's a lot for one person or family to take on alone. Getting a helping hand can go a long way to ensuring a successful transition out of the military. In this episode, Jodi Vickery breaks down the Partnership for Your Success pr...

It's still happening. Inflation is high. In fact, it's at a 40-year high and impacting service members and their families in a big way. With the increase in inflation comes an increase in interest rates, making people feel it from groceries to cars and homes they buy. In this episode, corporate economist Robert Frick is back to give an update on the state of the economy and how you can take steps...

Decisions that have the potential for big financial impact can be difficult to make. Especially if the decisions don't go according to plan and have negative financial consequences. In this episode, I talk to Certified Financial Planner Adrienne Ross about how you can simplify complex money decisions in a way to help you make them quickly with the best possible results. Adrienne is the founder of...

To celebrate Episode 200 of the Military Money Show, I'm opening it up for listeners to Ask Me Anything. I'm answering questions listeners have sent in and want to know about me. You can find the show notes here: https://laceylangford.com/podcast/ 200th-Episode /

Many families in the military community are dealing with the BIG D, and I'm not talking about debt. I'm talking about divorce. It's the reality many married couples face, whether your military or not. Unfortunately, the military ratchets the degrees of difficulty in relationships when you add in frequent moves, unemployment, deployments, PTSD, and high-risk jobs. It's not a fun topic, but one many...

September is College Savings Month which is an important part of many people's finances. For most military members, the GI Bill plays a part in the planning. We often talk about what the GI Bill is and the benefits you receive but what we don't talk about enough is how to actually use it. In this episode, I talk with Mike Hunsberger, a Chartered Financial Consultant, and Air Force veteran, about u...

It's that time of the year, folks. It's my Birthday week, which means I get to do whatever I want. I love being able to celebrate my bday every year with you and the special people in my life. In years past, I've had my siblings, my Dad, and last year, my grandma on the show to help me celebrate. This year, I have another special guest to help me celebrate. The show notes can be found here: https:...

Life insurance is an important part of protecting the financial future of those you love. Just like other financial decisions, there is a lot to know before deciding when, where, and what to buy. In this episode, I talk with Melissa Schreur about the why behind getting life insurance and when to get it. Melissa Schreur is a military spouse and seasoned insurance professional. Since insurance was h...

It's time for part two of my student loan shows. The Public Student Loan Forgiveness Program has a big perk from serving in the military—student loan forgiveness. Sadly, not as many people use it as should. In this second episode, Adam Hagerman explains what you need to know about the PSLF to take advantage of the program. Adam is an AFC®, CFP®, with a mission to provide financial education that i...

Student loans are a hot topic right with a lot of moving parts. It's something that can change the amount of money you owe or the length of time you make payments. Because there is a lot to know, I'm doing a two-part series on student loans. In this episode, I talk with Adam Hagerman about the Limited Public Service Loan Forgiveness Waiver. Adam is an AFC®, CFP®, with a mission to provide financia...

Saving money is something we all need, but how we go about it can look different. We're all in different stages or places in our lives. Savings for a single-parent service member might look different than dual service members. In this episode, Kia McCallister-Young shares simple steps to start saving money based on your situation. Kia is the Director of America Saves, a campaign managed by the non...

Looking back on your life, will it look the way you want? Will you have accomplished everything you wanted to, spent time with the people you wanted, and reached your financial goals? Will you be at peace? In this episode, I talk with Jordan Grumet about how to reach financial freedom without regret. He is the host of the award-winning Earn & Invest podcast and author of the newly released book, T...

Parents want the best for their kids. Because of that, it's a balancing act of helping them and helping them help themselves. That applies to finances too. In this episode, I talk to Bobbi Rebell about how to set your teens and young adults up for financial success. Bobbi is a CFP® and the author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Eve...

Credit card debt can get many people in trouble, but for some, credit cards help them travel and do more for less. In this episode, Derrick Dye, the Co-Founder of Travel on Point(s). Shares some tips and best practices for traveling on credit card points. Derrick always loved to travel and early on figured out a few tricks to save money on airfare and hotels through loyalty programs. But it wasn't...

We're in some financial strange times. Inflation is up, interest rates are rising, the supply chain is messed up, there's lots of volatility, and we're coming off COVID. But how do you balance everything that's going on, stay consistent and create plans for your finances? In this episode, I talk to Profit First Professional Rocky Lalvani, who has an MBA and is an Enrolled Agent, about what things...

Money esteem is important. You have to have faith in your abilities to manage your money. If you have debt, you need faith in your ability to get out of debt. If you're saving for retirement you need faith in your ability to save and invest money each month. And you need faith in your ability to live within your means.    Here are five ways you can build money esteem. Show notes can be found here:...