How to Money13 Sep 2023

Military to Millionaire w/ Lacey Langford #722

Only 9% of young Americans have shown an interest in serving in the military according to the latest figures- we’ve seen a precipitous drop which means that our nation’s security could be at risk in the future. And not only that but when you look at it through a simple economic lens, the lower the supply (in this case of individuals willing to serve), the higher the benefits those individuals will receive. So not only are new enlistees fulfilling a patriotic duty, but they also have the opportunity to reap some serious financial rewards as well. That’s why we’re pumped to talk with Lacey Langford on the podcast- she’s a veteran, a milspouse, and an Accredited Financial Counselor with over 15 years of financial planning, counseling, and coaching experience. Today we talk about the host of financial benefits from serving our country and joining the military: Thrift Savings Plans, pensions, the GI Bill that pays for college and other training, tax avoidance, free healthcare, and more!

Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:

Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
Join a thriving community of fellow money in the HTM Facebook group.
Find the best credit card for you with our new credit card tool!
Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.

During this episode we enjoyed a 100% Lambic Bio Geueze by Cantillon! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

Best friends out!

See omnystudio.com/listener for privacy information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1174)

AMA: Better Know the Podcast Hosts! #1170 (Bestie Ep)

Check out our first ever AMA: an ‘ask me anything’ where we focused on personal questions as opposed to personal finance related content! Typically we’re either interviewing someone in the personal fi...

24 Juli 0s

Mental Health is Financial Health w/ Aja Evans #1169 (Bestie Ep)

The fundamentals of personal finance aren’t all that complicated- there’s a reason why we came up with the Money Gears: 7 straight forward steps to take with your money. We could probably boil it down...

22 Juli 0s

Ask HTM - Are FSAs Worth The Hassle, Making Too Much for a Roth, & Mentally Shifting from Saver to Spender #1168 (Bestie Ep)

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , ...

20 Juli 53min

The Science of Smarter Spending #1167 (Bestie Ep)

We love nerdy board games! And one of the things that makes them fun, besides getting to play them with friends and family, is the competition for scarce resources. For instance with the Settlers of C...

17 Juli 51min

Turning Thousands Into Millions w/ Paul Merriman #1166 (Bestie Ep)

Sure you could simply invest in a target date fund, or even take the more aggressive path by going all-in on equities and investing solely in the S&P 500. But what if that means you’re potentially lea...

15 Juli 58min

Ask HTM - Societal Impact of Credit Card Fees, Auto Transfer vs Auto Invest, & Shielding Your Credit Report from a Bill in Collections #1165 (Bestie Ep)

13 Juli 51min

Buffettisms: Lessons from the GOAT Investor #1164 (Bestie Ep)

Who is the greatest actor of all time? You might have an opinion- maybe it’s Meryl Streep or Daniel Day-Lewis, but this would likely lead to a pretty fierce debate. And the same could be said about at...

10 Juli 46min

The Myth of the Broke Millennial w/ Dr. Jean Twenge #1163 (Bestie Ep)

There’s a massive difference between how something feels versus the actual reality. We’re talking about vibes as opposed to empirical evidence. And that’s why we’re happy to talk with Dr. Jean Twenge ...

8 Juli 52min