SaveAndInvest News
Permanent Change of Station: What to do Before and After the Move
Active duty military personnel make Permanent Change of Station (PCS) moves about every two to four years. To prepare for a life of moves, you need to know what to expect both before and after a move. That means asking a lot of questions and doing some research. Then, you need to plan accordingly and set aside funds specifically for making a move.
After you move, the first weeks can be as busy as the days before the move. The best thing you can do is pace yourself. Learn about the local area, research what benefits the new installation has to offer, ease your family through the transition, and start making friends. Give yourself a break and then start thinking about financial matters again.
Even if you are not moving immediately, start preparing now using our Financial Checklist. For other practical tips to make your PCS go as smoothly as possible, read Money and Mobility: For Military Personnel and Families.
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Stimulus Bill Expands Military Homeowners Assistance Program
Military homeowners who must sell their primary residence as a result of PCS orders or because of injury or death of a servicemember and suffer financial loss on the sale could receive monetary assistance through the newly expanded Military Homeowners Assistance Program (HAP).
Learn more about the assistance program.
Help for Home Buyers
Be prepared when it comes to making one of life's biggest financial decisions. Learn about the pros and cons of being a home owner, figure out how big a mortgage you can afford and review the different types of mortgage instruments available to you.
Visit our home buyer’s page for this information and more.
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Tools to Help You Save Smart to Buy a House
Savings Calculator
Use this calculator to see how a consistent approach to investing can make your money grow. Whether saving for a house, a car, or other special purchase, the savings calculator will help you determine the right amount to save on a regular basis to achieve your goal.
Use the savings calculator to start saving for your house.
Loan Calculator
Use this calculator to determine the monthly payment for that car loan or mortgage. For car loans see if an extra year on the term of the loan really makes sense. Just how much lower will your monthly payment be if you can shave one half of one percent off your 30 year mortgage?
Use the loan calculator to find out.
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Have Questions? SaveAndInvest.org Has Answers
SaveAndInvest.org's FAQ system delivers relevant answers to your questions 24/7. You can access the FAQ from virtually any page on the Web site by using the Contact Us link.
If you don't find an answer, your question will be routed to the right subject matter expert, who can provide responses via email.
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