MILMO Show

Everyone is feeling the impacts of COVID-19 in some shape or form. As you may know, I planned a series of shows around the themes for Military Saves Month 2020 which is happening now. This week's theme is "Save for the Unexpected." I can't think of a more timely subject to COVID-19 because what's going on in the world right now is unexpected. Who could have predicted this would happen to us all. A...

Saving for retirement is something everyone should be doing. There's different methods to get results for your retirement savings. One of those methods is with IRAs or Individual Retirement Accounts. This is the second week of Military Saves Month for 2020 and we're sticking with this week's theme, Save to Retire. My guest, Adrienne Ross, the founder of Clear Insight Financial Planning is here to...

Today kicks of what used to be Military Saves Week but is now, Military Saves Month. Each week there is a theme to bring awareness to the importance of spending less than you make and saving money. My guest today is here to talk about ways to save automatically using banking. Andia Dinesen is not only a fellow milspouse and AFC, but she's also the Executive Vice President for Communications and Op...

Often, Mom's are ground zero for money management in their household. They're trying to juggle family, making money and, making a dollar stretch as far as it can go. My guest today knows a thing or two about being a Mom and balancing making and saving money. Lena Gott is a CPA turned stay-at-home-mom of three. She is the lady behind the uber-successful blog, What Mommy Does and her courses at Adve...

You know you need help with money but who do you get help from? A financial counselor, a financial coach or a financial planner? That's what we are talking about today. The difference between all of them and how they can each help you with money. My guest today Andrea Clark is a Certified Financial Planner™ and Accredited Financial Counselor®. She is an Air Force spouse of 28 years, a recovering h...

Many people don't see building wealth as a possibility for themselves. And if they do, many feel that it's something they will work on later in life. But building wealth can be similar than you think and you should start sooner than you think. My guest today is here to talk about building wealth in a practical way. Rocky Lalvani is not only a friend and fellow podcaster, but he's also a financial...

Leaving full-time employment to enter retirement is a big transition in most people's mindset and behavior. Especially Baby Boomers who may have always had a full-time job or for career military people who know nothing different than the military. There are many factors that go into preparing for retirement or flipping the switch like changing from saving to spending or going from full-time work t...

Today I want to talk about something that many service members don't understand until it is too late. And that is your security clearance and the impact your personal finances have on it. Many military spouses are also not aware that their financial behavior can be impacting their spouse's clearance. Here's what I want to go over so you'll be able to avoid some issues or help someone else avoid in...

I'm not going to lie, preparing to buy a home is something more people should do. Research and planning will go a long way to save you time, money and heartache. Unfortunately, many people are winging it. My guest, Chris Birk is here to help prepare us all on buying a home with a VA Loan. If you're a seasoned home buyer or looking to buy your first home, this is a valuable show for you. Chris shar...

The underemployment and unemployment struggle for military couples is real! Military life makes it challenging for spouses to maintain qualified employment. The roller coaster of having and not having a second income is challenging to your quality of life and mental health. This is why military couples should focus on living off one income while they're in the service. Living off of one income hel...

When your house is cluttered and unorganized, it makes it hard to focus. The details of your life like finances get lost in the shuffle.  But when your house is organized, you find calm in the chaos. Calm, cool, and collected is how you want to be to manage your financial life. Being organized means, you're able to focus on the details because you can see them clearly. My guest today is here to sh...

Beyond the military is hard. That's the cold hard truth. It's a major transition that many aren't fully prepared for. If only there was some type of guide or resource that could help the service member and their spouses through the process. There is now!   I have two special guests today, Dr. Shauna Springer and Jason Roncoroni here to talk about a new resource to help with reintegration.   Jason...

You've been spending less money than you make, build up your emergency fund. You're saving for retirement. Now what? What are the next steps you should take with your money to get to the next level? That's what today's show is about.  Matt Miner is back for part three of my back to basics series. M att is a fee-only, fiduciary advisor with PLC Wealth Management providing financial planning to fami...

The amount you get paid and the benefits you receive as an employee are the foundation of your income. Negotiating the best possible salary and understanding and fully utilizing your employee benefits can have a significant impact on your finances.  Matt Miner is back today for part two of my back to basics series. M att is a fee-only, fiduciary advisor with PLC Wealth Management providing financi...

Happy New Year! A new year means it's time for a new beginning. To get everyone's year off to the best financial start. I'm starting the 2020 Military Money Show season off with a back to basics series.  I have three shows planned to go over topics like budgeting and money management, salary and employer benefits, and how to take your finances to the next level in 2020. The goal is to give you a r...

The end of the year is here. A lot has happened with the economy in 2019 that probably impacted your personal finance. The new year will be no different, the state of the economy will impact your personal finances in some way.  My guest today is here to review with us what happened with the U.S. economy in 2019 and to talk about what's to come in 2020.  Robert Frick is back by popular demand. Robe...

The sun is setting on 2019. The year is almost over and done. If you're like me, the past year has been a mix of some highs and lows and some so-sos.  We're moving into 2020, and the new year that will bring new goals, opportunities, and challenges.  Right now is the perfect time of the year to begin planning for 2020. And the best way to make the most of the new year is to look back or review you...

Saving for your retirement is important. Many times people put off making decisions because they don't know or aren't sure. One part of the delay could be because you may not understand the difference between an index fund vs a mutual fund vs an ETF.  My guest today is here to break down the differences, their uses, and some best practices when it comes to understanding funds.  Daniel Kopp is a fe...

Investing can be intimidating for people. Most of us know it's not something you should go into without preparation. But some people aren't aware they are tools they can use to research and make informed decisions about buying stock. Instead of throwing a dart at a dartboard.  Today's show is about using technical analysis to help with your investing decisions. But do not let the words "technical...

It's that time of year again. It comes every year, but many of us aren't prepared when it comes to covering the costs of Christmas and the holiday season.  In honor of Cyber Monday, I thought I'd talk about how to cover the costs of the holidays.  In this episode, I'm going to break down the importance of understanding your spending limits, how to create a game plan for your spending, and how to c...

In this episode, we're discussing taking steps to build your best financial life. And my guest knows a thing or two about that.  J.D. Roth is an accidental personal-finance expert. For many years, he was a typical American consumer and more than $35,000 in debt to show for it. In 2006, he started writing at GetRichSlowly.org in an effort to document his progress as he dug out of debt and learned t...

Buying a house doesn't have to break your bank. There are many ways to do it in a financially smart. And one of those ways is house hacking. My guest today is Craig Curelop (aka the FI Guy). He's the author of The House Hacking Strategy-How to Use Your Home to Achieve Financial Freedom. Craig is also a real estate agent, investor, and works at BiggerPockets.  In this show, Craig shares advice on h...

Today is a special day to honor those who have served in the armed forces so Happy Veteran's Day to all my fellow Veterans.  In honor of Veteran's Day, I'm bringing on a fellow Veteran to talk about the highs and lows of military service, how to prepare for separating from service and what more Servicemembers should know about money.  My guest today is Amanda Huffman. She is a and Air Force Vetera...

The military community works hard for the expertise they have. And rightfully so, wants to be paid for what they do and know. But building a business isn't easy. The money has to come in. Sometimes, in the beginning, that can be through financing, but you can also bring in money by getting government contracts.  Gerri Detweiler is on the show today to school us up on all the details of financing a...

Manging your life has something in common with managing a business—money. You have to manage money when you own a business.  But business finances are a little different than personal finances. There are things to consider like paying quarterly taxes, bookkeeping and keeping your personal and business finances separate. If you haven't done it before it can be easy to get off on the wrong foot. But...