The Financial Value of a Military Spouse | Military Spouse Roth IRAs | Financial Goals and Insurance Needs for Stay-at-Home Spouse | Colleen Salchow #121

Apr 22, 2024

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For a limited time, Spencer is offering one-on-one Military Money Coaching sessions! Get your personal military money and investing questions answered in a confidential coaching call.

Highlights of this episode include:

How to ensure spouse feels like they're contributing financially, even as a stay-at-home spouse
Setting goals as a spouse
Does a stay-at-home spouse need life insurance coverage?
Both spouses can contribute to their Roth IRA (if married filing jointly)
How are you treating yourself financially?
How to resolve differences in financial goals and communicate better as a couple
How to move on from financial mistakes
How a spouse can take the lead on family finances to help throughout the seasons of military life

Links we mentioned today:

Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE! If you're an E-4 or below, e-mail us at TSP@militarymoneymanual.com, and we'll send you a promo code to use for a FREE course.

If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.

If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com.

I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.