When you’re in the military, you get a Leave and Earnings Statement (LES) each month to list all your pays, allowances, deductions, and allotments.  Once you transfer to the retired side, the same information is available on your Retiree Account Statement (RAS) or electronic Retiree Account Statement (eRAS). An eRAS is available each month via
[...] Read More »
I subscribe to an email list that sends me inspirational quotes from Napoleon Hill.  Napoleon Hill was an American author and one of the first people to write what we would now call self-help books. While I usually like what I read, a recent quote struck me as it applies to helping people with their
[...] Read More »
I receive a lot of emails asking how to change the account to which benefits are paid from the Department of Veterans Affairs (VA).  This includes disability, education, and survivor benefits.  There are three ways to change your account:  online, via telephone, or via the mail. Online The VA says that the fastest and easiest
[...] Read More »
The issue of military pay for surviving spouses (widows or widowers) is confusing and a little challenging.  Military retired pay ends with the death of the retired service member.  However, a program was established in 1972 to allow retiring service members to purchase coverage that provides monthly income to survivors after the service member’s death.
[...] Read More »
Gone are the days when you could make serious money just by having a hefty balance in your savings accounts.  Interest rates have been at crazy low levels for years.  That’s great for borrowing, not so great for saving. Seeking out the best available interest rates has become more important than ever.  I was recently
[...] Read More »
I get a LOT of questions from widows and widowers of military retirees and veterans, and their friends and families.  It is true that there are a wide variety of benefits available, but sometimes it is hard to figure out who is eligible for what.  This creates a lot of confusion. I’ve been working on
[...] Read More »
Now that I’ve convinced you WHY you want to have happy tenants, today I’ll tell you HOW to have happy tenants.  One thing that is very important:  this property is no longer your home.  It is a property that you have leased to someone else.  There are two aspects to this:  it’s just a property,
[...] Read More »
Real estate is my side passion, and I’ve had a little experience with being a landlord.  I also spend a good chunk of time hanging out on investment real estate websites.  One thing that always makes me a little crazy is when landlords think that they don’t have a responsibility to take care of their
[...] Read More »
I was just emailing with a reporter about home buying costs, and I thought I would share my long version here with you. There are several phases to home buying, and they are all more expensive than you expect. The Offer Just to put down an offer, you will need an earnest money deposit.  This
[...] Read More »
I’ve noticed a lot of confusion about how military bonuses are taxes.  That’s not surprising, because it is confusing, but it doesn’t have to be confusing. First, you have to have a firm grasp on how income taxes work.  If you are not sure, then read How Income Taxes Work, and ask questions.  Feeling good
[...] Read More »
Follow Kate: