Mil Money

From managing your finances, to buying a new car or home, Mil Money provides advice to U.S. service members.

Child care fees plunge for many military families

The cost of child care is going down for many military families. In some cases they will be paying 30% to 40% less.

6 days ago

Tips for stretching dollars, saving money during a government shutdown

Senate Democratic leaders and House Speaker Kevin McCarthy, R-Calif., face a looming Oct. 1 deadline to avoid a government shutdown

3 weeks ago

Mil Money

Military pay could be a casualty of looming government shutdown

Lawmakers are warning that a political budget fight could have severe financial consequences for troops and their dependents.

DoD to offer tax-saving child care accounts, other benefits for troops

Defense officials have announced measures to address family needs in child care, parental leave, education and career advancement for military spouses.

7 months ago

Commissary director to leave post March 31

When he was hired more than two year's ago, Bill Moore's mandate was to bring the stores 'into the 21st century.'

7 months ago

Air Force Academy community questions sudden shutdown of thrift shop

The shop has offered a plethora of items for decades at reduced prices, raising money for scholarships and charity.

7 months ago

Troops will get part of a $5M settlement in alleged title loan scam

Vehicle title loans to military troops and dependents are prohibited by law, period. Feds allege TitleMax doctored information about military status.

7 months ago

Troops will get an extra $100,000 in life insurance coverage March 1

Troops will automatically get $500,000 life insurance coverage, even if they previously reduced or declined SGLI, and must take action to opt out.

7 months ago

Nearly half of junior enlisted spouses coped with food insecurity

Higher percentages of Marine Corps and Army spouses reported food insecurity, in the DoD survey.

8 months ago

New program opens up more jobs for overseas military spouses

Military spouses can be hired quicker overseas using this new hiring authority, some DoD agencies say.

8 months ago

How to use VA disability benefits to pay for dependents’ education

DEA benefits can be a smart way to pay for dependents' schooling.

8 months ago

Very few low-income troops eligible for Basic Needs Allowance so far

"DoD’s implementation of this benefit is inconsistent with congressional intent," said one military family advocate.

8 months ago

Troops earn more than civilians but are more likely to go hungry

The data suggest things that researchers just don't understand at this point.

9 months ago