Why a Mindful Money Plan is Important

Why a Mindful Money Plan is Important

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 OnTrajectory, a personal finance planning tool for individuals and professionals. After separating from the military, Tysons used his GI Bill to pursue his Bachelors and Masters degrees and then spent the next 25 years in software development, working for large corporations in banking and insurance. Now Tyson is bringing easy-to-use and accurate financial modeling to the masses with OnTrajectory. Tyson shares a lot of great advice on the power of being mindful and creating a plan that’s adaptable with software.

THANK YOU!

Support for the Military Money Show is provided by Navy Federal Credit Union. Navy Fed has multiple savings and investing options to help you get closer to your financial goals. With them, you can automate your savings and investings to put your money to work for you. Plus, you can buy fractional shares. Learn more at navyfederal.org.

Why a Mindful Money Plan is Important Episode Details

  • Common money mistake made by military members
  • What is mindfulness and how it relates to money
  • Planning and mindfulness
  • The importance of understanding your financial situation
  • A different way to look at budgeting
  • Getting starting with making a plan
  • Tyson’s software
Related: The 4 Best Uses of the G Fund for Service Members

Why a Mindful Money Plan is Important Resources

More Podcast: How to Make Your Finances Fun With Gamification

MilMoneyCon

If you’re interested in connecting, learning, discovering, and increasing earning power, join fellow military and financial professionals for #MilMoneyCon22. Get your pass to MilMoneyCon22.

Got Money Questions?

Get them answered on the show. Submit your questions here.

Thank You for Podcast Reviews!

I appreciate your review of The Military Money Show on iTunes, Google Podcast, iHeart Radio, and Stitcher. It helps me make the podcast better and better. Plus, it helps other people find me.

Connect

Disclosure These notes may contain links to our affiliate products or services, which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion. If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here.