Tag Results for money management
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By Aaron Brodniak
My journey as a military spouse began shortly after the terrorist attacks on September 11, 2001. Within a week my wife was recalled into the U.S. Coast Guard and working as a sea marshal boarding ships and performing inspections. At that time, I was the primary breadwinner of the family and had a job as a regional brewer.
Initially my wife's return to active duty was an easy transition since her first duty station didn't require us to move. That soon changed and less than a year later we were assigned to a duty station that led to me leaving my job.
My first challenges were house hunting and trying to figure out what to do with my time. In my adult life I had served in the Coast Guard and then worked in the private sector; this was my first time not having a job outside the house. Since we were expecting our first child, we decided it made more sense financially for me to stay home and finish up my bachelor's degree before my G.I. Bill expired.
OK, here is an important topic USAA wrote about a few months ago and we obtained permission to re-post on Macho Money. For those of you who are new to the military, you will receive your health insurance from Tricare. Tricare is offered to all active duty members and their dependents. Once your active duty spouse retires, your family is eligible for Tricare For Life. However, if you guys decide to separate from the military before retirement qualifications are met, you aren't eligible for Tricare. At this point the VA may be an option, but there are specific eligibility requirements so not everyone will qualify...plus the VA doesn't cover dependents. So, for many of us, the pain of shopping for health insurance is inevitable.
Health insurance coverage is available to more Americans than ever under the Patient Protection and Affordable Care Act (ACA), which created a marketplace of plans with a range of costs and benefits.
But before you start shopping around, it's wise to think about your needs and budget to find the best plan for you and your family.
Here's how to weigh your health insurance coverage options:
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Very early in my experience as a male military spouse I encountered the [[EXLINK_4]]. I remember the day my wife brought home a floppy disk with the DOS version of this financial software. (Yeah, that just took me waaaaaay back.) It didn't have any frills, but PowerPay helped us calculate, plan and execute our path to debt elimination.
I know that there are plenty of money management tools out there. PowerPay is worth a look, especially if you need to develop your debt-elimination plan. This money management tool helped my family.
You have captured your small business idea, now what do you do? If you are like me, once the idea is seeded in your mind, you begin to brainstorm the best way forward. But what is the best way forward. Depending on your own personal experiences, getting your mind caged to help your idea might be one of the most challenging things you do.
I think one of most amazing aspects of starting a business is the pure creation of the endeavor. I think the concept of turning your thought, a series of synapses that fired in your brain, into an existing and tactile entity is one of the best attributes to being human. I personally think this pure creation provides is what provides deep satisfaction and feeds the soul of man and woman. Despite the feelings that great ideas provoke, it is still hard to see the path forward if you don't know how to proceed. This is where the business plan fits in nicely.