So how do you know where you should move or PCS to? My argument here will be that your next duty station could hold the key to upping your Effective Income by over $15,000 per year. This is due to the difference in locality pay also known as Basic Allowance for Housing (BAH).
Every zip code has an associated value for your BAH. Its important to remember that you dont use the zip code your house will be in but instead use the zip code that your office will be at and in some cases where the nearest base is. BAH is such a beautiful thing because not only is it huge in some areas, its also tax free.
This is part of the reason military members have such low effective tax rates. Currently 40% of my income is non-taxable because I live in a high BAH city. So instead of paying taxes on my true $91,200 salary, I only pay taxes on $55,000.
The tax difference comes out to be $7k vs $16k owed to the IRS. Another way to look at this is that for every $1 of BAH, you are getting the same worth as about $1.25 of normal income, depending on your tax bracket of course.
First, I would narrow my list down to areas that are even potential spots for yourself. For some career fields you may be able to go just about anywhere and for others you may only have a handful of bases to choose from. Once you have a list, you can go check all the BAH rates over at
For instance an 0-3 would receive $1083 per month without dependents if you were stationed at Malmstrom AFB in Montana. The same 0-3 stationed at Hanscom AFB in Massachusetts would receive $3063 per month. Your first thought might be that theyre so different because Hanscom is near Boston which is vastly more expensive than Montana.
This is potentially true in some situations but
From: Military Retirement
I learned about Movember from John Aldrich, AVP, Military Relations at American Military University via his post Get In The Game
Movember, the grass roots movement to raise awareness about men's health issues is nearly complete, and for those of you who are growing a mustache to show support for the cause, I salute you. For those who didn't participate or weren't aware of Movember, there is always next November.
After checking out what it was about, I started last November 2016 and continued without shaving (or cutting my hair) up until September 2017.
Since then, I have gained a better understanding of the movement and become more intentional about my health, fitness and wellness.
As a male military spouse, I know how important it is to stretch every dollar as far as I can for my military family. I'm always looking for tips on how to save money and I really appreciate money saving tips for the Military Family.
Here are some questions to think about:
Do you have an emergency fund? Are you saving enough money for retirement? Do you have a budget? How close are you to financial freedom?
Military Saves Week is an annual opportunity for installations and organizations to promote good savings behavior and a chance for servicemembers and their families to assess their own saving status. Typically hundreds of organizations participate in the Week, reaching millions of people.
Here is a great opportunity to voice your concerns...or not. These surveys are very important for future generations of military families!
Survey open October 9th - November 12th