MILMO Show

Service members separating and retiring from the military face a unique set of financial challenges. Challenges that can have lasting financial ramifications unless you prepare for them. In this episode, I talk with Dr. Ann James about the financial challenges veterans face, how you can better prepare for them before you get out, and resources you can use now. Dr. Ann James is a fellow Air Force v...

Making money as a military spouse is a mission in itself. We all know milspouse un and underemployment takes its toll on a military family's budget. To tackle the challenge many milspouses are thinking outside the box to create their own earning power. My guests did just a thing but on a big scale. In this episode, I talk with Lisa Bradley and Cameron Cruse the founders of the uber-successful hand...

Do you know a millionaire? If you said no, you're probably wrong. According to a 2021 report by Credit Suisse, there are almost 22 million millionaires in the U.S. That means you probably know a millionaire or two and they may even be in your neighborhood. In this episode, I'm talking with Brian O'Neill, CFP and Air Force veteran about the actions you can take to start working towards millionaire...

For most of us, buying a home is the single biggest spend we'll ever make. Buying a house costs a lot of money but do you know how much the house you're buying really costs? In this episode, Danetha Doe shares some of the costs that come with homeownership that you're probably not aware of until you've signed on the dotted line. Danetha is a writer and financial wellness educator for Clever. Cleve...

Taxes can be intimidating. There's a lot to understand. There are different types of income incomes to consider, different deductions, credits and a whole bunch more. In this episode, we talk about what you should know about the Advance Child Tax Credit. How it's different from the Child Tax Credit, the impacts of advance payments, what divorced couples should know, and how to plan and get help wi...

Blindly managing money isn't a good idea. Being mindful of your money can help you make smart financial choices, reduce stress, and reach your goals. In this episode, I talk with Tyson Koska about why having a mindful financial plan is important, how you can become more mindful and tools and resources to help. Tyson is an Army veteran where he served as a helicopter pilot. He is the founder of OnT...

Life is going to happen. And when it does, there's usually a financial ramifications for it. When you know challenges and opportunities are going to come up in life, how do you keep your finances flexible enough to adapt to those times? In this episode, my guest, Anne Lester talks about ways you can develop and sustain financial flexibility to keep your spending, saving, and investing on track dur...

Teaching money skills is something many people can do. That's what this episode is about, how to teach money skills to your family and community and the resources you can use to do it. My guest today, Rhonda Ashburn shares how military families can teach their children and communities about personal finance, tips to get your family interested in learning personal finance, and how their education c...

There's more to real estate investing than you think. Did you know you can invest in mobile homes? I didn't. In this episode, we talk about what mobile home investing is and how to invest in them. My guest, Rachel Hernandez is an author, Air Force milspouse, and real estate investor. As a former business-to-business sales executive for various Fortune 500 corporations, Rachel has extensive trainin...

Your financial plan and money management can't be a carbon copy of what your neighbor or your best friend is doing. They aren't you, it's not your life. The plan you create and practice needs to be centered around your life and your realities to be successful. Even if you do that, there are going to be some mistakes along the way. We all make them. How you plan and approach your money makes all th...

Buying a house is not just a big decision. It's a series of big decisions. You have to find the location, the right home, in the right area. You have to apply for mortgages, make an offer, and then you have to compare mortgages to decide which one to go with. But how do you compare and make such a big financial decision? In this episode, my guest, Kevin Parker, breaks down how to compare closing c...

It's hard to believe we're closing down 2021 and rolling into the New Year. I don't know about you, but for me, 2021 has had some ups and downs. Some good and bad news. Some moments I never want to forget and some others I don't care to reminisce one. So I guess it's been a lot like other years but nothing is ever exactly the same. It's time for my look back over the last year. Things we've discus...

Finding your path in life and financial success can be hard. Most of us take a broken road to get where we want in life. But are there some easier ways to find your path and to work in your zone of genius? Maybe? In this episode, Mike Zeller shares insights on how to overcome struggles in finding your path to success, how to rewrite your money story, and how to deal with imposter syndrome. Mike Ze...

Inflation continues to be a hot topic. Talk about the price of goods increasing is all over the news. A while back, I had Robert Frick on the show to talk about what we should all know about inflation and how it is impacting us all. As we prepare to roll into the New Year, I thought we'd go over inflation one more time to help us financially prepare for next year. Here is the encore airing of What...

The importance of family and finances for first-generation service members is something I learned early on as a financial coach in the community. There are a large number of service members that are first-generation Americans. And often those service members are financially responsible for extended members of their family. Which can have an impact on their budget and meeting their own financial ob...

MilMoneyCon is happening April 21-23, 2022 in Cary, NC. I'm so happy to be able to make the announcement. MilMoneyCon is a conference for military financial professionals. That means financial coaches, counselors, planners, educators, influencers, students, and writers from the military community. In this episode, I give you all the details about MilMoneyCon and what everyone can expect. The show...

Taxes aren't top of the fun things to do every year. In fact, it's something that a lot of us avoid. But if you do a little planning and preparation in advance, it can make tax time and your finances run a little smoother. In this episode, I talk with Benjamin Brandt about the list of tax items you should review at the end of the year, mistakes you can avoid, and what military families need to kno...

TRICARE not only helps take care of your health, but it also protects your wealth. Travel is a way of life for many military and veteran families. If we've learned anything in the military is that anytime you travel, Murphy's Law, something is going to go wrong. Unfortunately, many times that can be your health. Figuring out TRICARE when you're on the move and sick or hurt is not fun. Learning abo...

Taking small steps to financial independence can have a big impact on your retirement. Many people talk about F.I.R.E or financial independence, retire early. But what are the steps you should take to get there? And does F.I.R.E look the same for everyone? In this episode, my guest, Doug Nordman shares the steps you can take to F.I.R.E., how to handle debt in the process, and how to leverage your...

Happy Small Business Week to my fellow veterans. If you want to start a business, there's a lot to know beyond your craft or the thing you are selling. Lack of knowledge can hurt your businesses financially. In this episode, Will Scott breaks down the things transition veterans can do to start a small business, how to get money to start your business, resources, and tools you can use plus missteps...

Store credit cards are offered at almost every place you shop nowadays. They can be tempting to sign up for especially if money's tight but are store credit cards a good idea for your credit and finances? In this episode, I talk with Michelle Lambright Black about whether or not store credit cards are a good deal. Michelle is a leading credit expert, writer, and speaker with nearly two decades of...

Having a business goes beyond owning it, you've got to run it too. Or it won't last long. Systems and processes are a way to help you run a business like a well-oiled machine. But what systems do you need? And what processes should you put in place? In this episode, Jaime Jay shares the best systems and processes to run your business well so you can reduce stress and stay focused on making money....

It's coming. Christmas is around the corner. Have you been saving for it? If you haven't, you're not alone. Most people don't save for holiday spending and unfortunately, go into debt because of it. But that doesn't have to be the case this year. My guest, Lauren Greutman is here to show us all how to have a debt-free Christmas. Lauren is an award-winning Consumer Savings Expert and the best-selli...

Investing in crypto is all the rage. It's in the news, social media, and you've probably heard people talking about it in person. But what is cryptocurrency, how does it compare to stocks and traditional investing. And even better, is it for you? I could think of no other to have a discussion on crypto with than Josh Bannerman. Josh is a Certified Financial Planner and a Marine. You may know him a...

In this episode, Dennis Johnston, a Navy veteran and the Administrator of the Utah Unclaimed Property Division shares the steps you can take to find your unclaimed property. Think about how you feel when you find money in your pockets. Now think about finding lots of money you didn't even know you had. That's unclaimed money and property. Each year billions of dollars and property go unclaimed. In...