MILMO Show

Paying yourself first is a foundation for financial success, but what does that mean and why should you do it. Many people are currently living paycheck-to-paycheck. That means that at the end of the month or the end of the year, after work their butt off all year, there's no money in the bank to show for. In that case, if you were a business, your business might fail because you have no profit. Y...

Budgets—you can't live with them, you can't live without them. Just kidding. You CAN and SHOULD live with a budget. You can't go through life spending like you're sitting on a pile of money when you're not. Budgeting gives you a clear picture of the money you have coming in and the money you have going out so you can make informed financial decisions. A budget is the number one tool to help get an...

It's not a secret that the more time you have on your side, the more money you can make. Well to have more time you need your mind and body to go the distance. My guest, David E. Frost is a Navy veteran, NFPT-certified Master Fitness Trainer, a rowing coach, and competitor. Since 2012, he's been coaching the Baby Boomer generation on how to add longevity and vitality to their years. He specializes...

Happy New Year everyone! We did it. It's finally 2021! I can't believe it. 2020 was a wild and crazy year. It's definitely one for the books. A book that should probably be titled, "When It All Goes Sideways and Flips Upside Down, and Catches on Fire." Everyone's been through a lot. But I'm here to remind you, it's going to get better. It may not seem like it sometimes but it will. If you're new t...

Investing isn't one size fits all. There are many factors that play into an investment strategy. Your age is one of them. Jeff Link is an Investment Advisor Representative at Guardian Wealth Advisors, LLC and the founder of the BLUE LINE INVESTING® process. He is also the author of Protecting the Pig. Jeff has over 20 years of market experience, with firms like Smith Barney and Legg Mason. Jeff an...

We're getting so close to 2021. Are you ready to start taking action to make your goals reality? Last week I talked with Ron Worley about setting goals. This week, I'm talking with Nelson Tressler on taking action to make your goals happen. Nelson Tressler is the Founder and CEO of IGOTSMARTER, a goal-achievement program created to help people succeed in every aspect of life. Prior to IGOTSMARTER,...

I think we can all agree that 2020 has been a roller coaster none of us bought a ticket to ride. Nothing has gone according to plan. I for one can't wait until the clock strikes midnight on December 31, 2020, and we start fresh with a New Year. Are you setting goals for the New Year? I myself am making big-big plans for 2021. So the next two shows, I'm focusing on how we all can set goals for 2021...

A PCS will test your marriage, religion, and your sanity. Moving is a hallmark of military life. It's in the job description. Active-duty service members can PCS upwards of 10 times during their military career. All that transition can be stressful not only for the service member but for the entire family. How can you better prepare for the moves you know are coming? Christine Carol or better know...

For many of us, going from USAA to Charles Schwab is new territory. We don't know what to expect. Will we like it? Will they understand me? Will they help me? Schwab is here to answer all of those questions and more. Danielle Munoz is the Schwab Vice President of Virtual Member Branch. Danielle leads the virtual branch network at Charles Schwab that serves USAA members who've recently transitioned...

If you're a USAA member, you know there have been some big changes to their investments. If you're not, you've probably heard everyone talking about it. Many people want to know the down-low on what happened and what the future of USAA investments looks like and how Charles Schwab is part of that future. To get all the deets, I'm doing a two-part series with Charles Schwab and USAA to get you some...

Did you know it's TRICARE Open Enrollment? From now to December 14, 2020, service members and retirees can change their medical care. There have also been some recent changes with enrollment fees. To get an update on everything going on with TRICARE, I've gone straight to the source. Mark Ellis oversees the development and execution of enrollment policies for all TRICARE medical plans. Mr. Ellis s...

Investing in your future is crucial. Spending less than you make and putting it towards your retirement will make life way easier later. But you don't want all the hard work to be wasted or eroded. That's why it's important to avoid mistakes along the way.  Jeff Wright is a managing director and portfolio manager responsible for wealth management to NovaPoint Capital's high-net-worth clients. Befo...

I did it, y'all. It's my 100th episode! In the podcast world, hitting your 100th episode is a milestone and a rite of passage. So it's a big day for me.  Helping me celebrate this special occasion is Steve Stewart, my podcast editor extraordinaire! Steve looks back with me on how far I've come, what it's like behind the scenes of my show, and some tips for anyone else thinking of starting a podcas...

The sand in the hourglass is dropping. Sooner or later, you'll be retiring. Are you ready for it? What steps are you taking to get prepared? Robert Schulz a CFP® and the author of Thoughts on Things Financial. He is also the founder and president of Schulz Wealth which was named on Investopedia's list of 100 Top Financial Advisors in 2019 and 2017. And Rob is a Navy veteran. Rob shares lots of tip...

The military community is well aware of the dangers that lurk online. You get a yearly dose of Cybersecurity Training but are you applying what you learn. Do your spouses and kids know how to protect themselves online? Lawrence Wagner, an Army veteran and Cyber Security Expert, is sharing details on how you can protect yourself and your family online. We talk about tips and resources you can use t...

Credit cards make me nervous. Not using a credit card responsibly can get you in all kinds of financial trouble. But if you're responsible and plan properly, there are some big benefits that some credit cards can provide you with rewards. Spencer from MilitaryMoneyManual .com and I talk about ways you can use credits cards wisely to receive points and rewards that can give you major financial bene...

By now you probably have heard that the military will not have their social security-FICA taxes withheld for the rest of 2020. While you may have heard about it, you may not know what to do about it. To get everyone up to speed quick, I've invited Kate Horrell from KateHorrell.com and Daniel Kopp from Wise Stewardship Financial Planning to break down what the tax deferral is and how you can best m...

It's no secret within the military community that suicide is a problem, especially in the veteran community. Since it's National Suicide Awareness Month, now is a good time to discuss what everyone should know and do to help with the suicide problem within our military family. I've invited Garrett Cathcart, the executive director of Mission Roll Call, to have this meaningful discussion. Garrett is...

From the day you join the military, you're already counting down the days until you are faced with the decision of should I stay in for the pension. Everyone has to decide at some point. But that's a big choice for everyone and one that can have significant financial impacts. There are also things to consider, like family life, education, future employment, and mental health in your decision. Grum...

Welcome to my special Birthday show. Since it's my special day I want to spend it my way, doing what I want. And if you know anything about me, you know I love positivity and humor. And there are no other humans on this planet that bring me more joy and make me laugh harder than my sisters and my brother. So in honor of Lacey Day, I asked my siblings nicely to be on the show. Since it's my party,...

Whether you're on active duty, retired, working a 9-to 5 job, or are a business owner, you have a brand. It may not be something that's intentional or planned but like it or not, you're known for something. That might be hard work, a technical skill, your personality, your positivity, or even your negativity. People have an impression of you,  that's your brand.  Pete Canalichio is an award-winnin...

Once upon a time when I was on active duty, I meet someone who was starting a Subway franchise. Since I had just started my career, planning what I would do after I left the military was the last thing on my mind. Not to mention, I knew nothing about franchises so it was like he was speaking Greek to me. Nowadays more and more service members and spouses are moving into the entrepreneurship space...

Lack of money can leave you at the mercy of others. On the other hand, money can give you power, control, and confidence over your life. But how do you build prosperity in your life to gain financial freedom? In this show, my guest, Dr. John Soforic, and I discuss his book, The Wealthy Gardener. We talk about lessons that can help you live a prosperous life and gain financial freedom. John was a o...

Transitioning out of the military, either separating or retiring, is a life-changing event. Not only for the Service Member but also for their family, who has served alongside during countless moves, deployments, and the constant change associated with military life. Without a plan, this transition can seem overwhelming and stressful, instead of an exciting new opportunity for the whole family. My...

Mortgages have become a part of the American life as much as the American dream. For most people, homeownership comes with 15 to 30 years of monthly payments and thousands of dollars of interest paid to banks. My guest is here to share some ideas for other ways to get out of debt. Using the Shred Method, Adam Carroll paid off his home in record time saving over $180,000 in interest in the process....