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 Advisor. She helps military service members and federal employees envision and build their best financial life. Katie served in the Army as a Black Hawk helicopter pilot and now enjoys riding her horses and life on the farm.
Katie shares advice on how dual-military couples can best plan their finances during and after service. She talks about the best thing dual-military couples can do to prepare for retirement and how to plan for the additional expenses of being married to another service member. As well as some considerations you may not know you should be taking with your money now, so it’s not a problem later.
Buying a car can be stressful. I know this because I’m in the middle of it right now. In addition to finding a car, you have things like down payments and interest rates to consider. Navy Federal Credit Union makes buying a car easy with their auto loan process. They allow you to apply if you already have your car picked out or if you’re looking to get preapproved. Navy Federal has great rates on auto loans. Plus, with their Car Buying Service, powered by TrueCar, you can shop, compare, and get upfront pricing on your next new or used car. Navy Federal is Insured by NCUA. Find out more at navyfederal.org.
More Podcast: Preparing Your Family for Leaving the Military
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If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here.