MILMO Show

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:...

Military married to military has its own sets of benefits and challenges. On one hand, you have great benefits and income but on the other, you have separations and a whole lot of planning and prep to make married and military life work. In this episode, I talk to Certified Financial Planner and veteran, Katie Cannon. Katie is a fee-only financial planner and founder of Money Pilot Financial Advis...

A military spouse's retirement is an important part of a military family's retirement planning. Thankfully more and more military spouses are taking advantage of using Individual Retirement Accounts or employer 401ks to save for their future. The challenge for military spouses is to decide what to do in situations where you have multiple 401k accounts because of your many job changes due to PCSing...

This week marks the 78th Anniversary of the signing of the GI Bill. The GI Bill benefit is right up there with free medical care when it comes to perks for serving in the military. The value of your Post 9/11 GI Bill benefit is not only big, the impact it can have on your future earnings and quality of life is even greater. Just like any planning for transitioning out of the military, there is som...

We talk a lot about saving for retirement but often not about drawing from all of your retirement savings when it comes time. The 4% rule is important when it comes to withdrawing your retirement savings each year. In this episode, I talk with Rob Berger about what the 4% rule is, how it came about, how it works and the impacts inflation can have on it. Rob is the host of the Financial Freedom Sho...

Do you know what the SBP decision is? If not, you're not alone. A lot of service members and spouses don't know it's a decision they will be faced with come retirement time. And many don't know the factors they should consider in the decision.  In this episode, I talk with a Survivor Benefit Plan expert, Kate Horrell about the questions you should know the answers to before you decide on whether o...

In honor of PCS season, I'm bringing back one of my popular shows to share with you. It's my interview with Christine Carol "C.C." Gallagher, the Founder of Military Quality of Life Consulting, LLC and the Stressless PCS Kit. C.C. and I have a great conversation filled with lots of great tips on how to reduce stress in your next PCS. I hope you enjoy this show. Show notes can be found here: https:...

Serving 20 years in the military comes with a pension and benefits that if planned out right can give you peace of mind and help your financial future. This episode is an encore of an interview with CFP, Kit Lancaster on how you can plan out your pension and benefits now to help reach your financial goals. Here is the encore of Mapping Out a Plan For Your Pension and Benefits. Show notes can be fo...

With inflation on the rise, everyone's looking at their money a little closer and ways to make every dollar go a little further. That includes your investments and savings. In this episode, I talked with Marine veteran and Certified Financial Planner Josh Bannerman about what you should know about I Bonds before investing in them. You may know Josh as OG on the Stacking Benjamins Podcast. Josh bre...

May is a big month for the military community. It's Military Appreciation Month, and that includes Military Spouse Appreciation Day and Mother's Day. Military spouses are the backbone of the military community. Now, I know I'm biased, but they keep the home fires burning and households functioning through all the transitions military life includes. They're the constant in PCSing, military schools,...

The first MilMoneyCon is done and I'm here to tell the tale for those that couldn't make it. Here's how it went. Show notes can be found here: https://laceylangford.com/podcast/ milmoneycon22-recap /

Past mistakes, hurt, and experiences can stay top of mind to the point we put them on replay. In this episode, I talk with Dr. John Delony about steps you can put on repeat to create a path to well-being to improve your finances, marriages, and relationships. Dr. John Delony is a national bestselling author, mental health and wellness expert, and host of The Dr. John Delony Show. He holds two PhDs...

Social Security is something we know is there but do you know what your benefits are, when you can receive them and how do you get them. In this episode, I talk with Social Security Expert, Lizna Odhwani about the ins and outs of Social Security. Liz is a Social Insurance Specialist at Social Security Administration. She shares the latest news on Social Security, how you can find answers to your s...

There are conversations we know we need to have but often avoid them because we know they are going to be difficult. You know the convo is going to lead to a fight, or someone being hurt or even. How can you have those hard conversions in a way that is productive? In this episode, I talk with difficult conversation experts Sheila Heen and Ivanka Diaz Canzius. Sheila has been teaching Negotiation a...

Taxes deductions are probably on your mind. You want as many as you can get but which ones can you take. And what deductions should military families know about? In this episode, I talk with military spouse, Sarah Bumgardner, the Member Benefits Coordinator with AAFMAA. We talk about tax deductions and ways military families can be prepared with their taxes. Sarah previously served AAFMAA as a Sen...

Careers paths aren't always straight and easy to navigate. In fact, for many veterans and military spouses, they're almost always filled with curves or are ones you have to carve along the way. That's the case for my guest, Alex Hopkin. Alex Hopkin, is an Accredited Financial Counselor®, Certified Financial Planner®, and is the founder of Simply Paraplanner, a job board website connecting financia...

I'm super stoked for this episode today. I'm sharing the latest and greatest details on MilMoneyCon22. If you haven't heard, I'm putting on a conference for financial professionals that are united by military service. It's happening April 21-23 at the Embassy Suites by Hilton Raleigh Durham Research Triangle in Cary, NC. And although it's nerve-wracking doing something new, I know amazing things a...