Do you know where you are and where you are going with your money? Here are three key elements that should be part of your financial plan: (1) conduct an insurance review. Health, life and property insurance can protect you from financial catastrophe; (2) create spending plan; Budget, spending plan, cash flow management, whatever you call it, make sure you have a game plan to save money and spend less than you earn; and (3) have short- and long-term savings and investments From building an emergency fund to creating long-term financial security, planning and executing your plan will allow you to save. For more information, read the American Legion article and visit the USAA website. For more personal finance tips, from maintaining your credit to banking and saving, visit the Military.com Money section.

Create Your Financial Plan
Current issue of the Military Report
- Military Members, DoD Civilians Are Eligible for Free TSA Precheck
- Even if All Goes Right with Overhaul, Veterans Still Face a Health Records Mess
- Tricare Website Glitch Causes Problems as Open Season Gets Underway
- Hear That, Sgt. Rover? Better Ear Protection Coming for Military Working Dogs
- Vets Don't Need 20% Down with the VA Loan Benefit
- Military Members Are Now Being Tested for Deadly Synthetic Drug Fentanyl
- Win $5,000 Honoring Heroes with AARP Contest
- Alaska Guardsman Awarded Bronze Star
- Airman’s Invention Improves F-22 Fighter Maintenance
- Handheld Device Helps Marines ID Enemies
- Military Bases Picked as 5G Test Sites for DoD
- 20th Chief of Naval Operations Dies
- SGLI/VGLI Enough? Get $100k Supplemental Coverage from $7 a Month
- VA Offers Tips on Coping with PTSD During Holiday Season
- Navy Eyes Move Away from Unpopular Unisex Uniforms After Feedback from the Fleet
- Beards Ashore: Navy's Personnel Boss Says He's Open to Considering Them in Future
- Search Jobs at Novo Nordisk - Veterans Wanted