By Shawn Walsh, InCharge

In 2003, InCharge created the Military Money initiative as part of the Department of Defense’s “Financial Readiness Campaign” with the support of the Office of the Under Secretary of Defense for Military Community and Family Policy. Over the past 20 years, Military Money has been an important presence in the lives of servicemembers and veterans. Our radio spots, Military Money Minutes, can be heard on Armed Forces Radio. And our new website, MilitaryMoney.com serves the highest quality in financial journalism for our armed forces, past, present and future.

Like most of their civilian peers, members of the military must deal with unchecked inflation, soaring housing costs and the plummeting stock market. Unlike most of their civilian peers, service members face additional economic obstacles unique to their profession that include:

• Possible deployment to war zones or overseas operations
• Frequent base and housing relocations
• Career transitions as new technology and operations develop
• Possible disabilities while on duty
• Debt management

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So, where can military personnel go for help meeting these challenges?

We are answering that question with the launch of MilitaryMoney.com, a website for active members of the armed forces, veterans and their families.

“Our goal with MilitaryMoney.com is simple: help our military and Veterans weather financial storms and maximize the benefits of service,” InCharge’s Chief Executive Officer Etta Money says.

MilitaryMoney.com is here to guide service members and vets through everyday problems like budgeting and money management, but also delve into complex problems like:

• How to find a job after you leave the service
• How to set up retirement
• How the GI Bill can help you get a college degree (or your spouse, or children)
• What to do when you fall behind on things like rent, utilities and credit card bills
• How to manage the major financial decisions of permanent change of station orders (like living on or off base)
• Where to go for the best military discounts
• How to qualify for a VA Loan

We look forward to helping close the gaps created by an unpredictable economy, the challenges of deployment, frequent moves, and transitioning a military career to a civilian one.  Check out MilitaryMoney.com for actionable education on the financial matters that can make or break our servicemembers.