Financial Advice for Military Families

Join our #CreditChat on Periscope, YouTube Live, Twitter, and Snapchat every Wednesday  at 3 p.m ET. May is National Military Appreciation Month and we kicked it off with a special tweetchat for military families. It was a great opportunity to help increase financial literacy for military members and their families.

The video panel included: Brian Posten: Business Development Officer at Air Force Federal Credit UnionAlecia Blair: Military Saves Director; Shannon McNay: Personal Finance Freelance Writer; Rod Griffin: Director of Public Education at Experian; and Christina Roman: Social Media Specialist at Experian.

The Twitter panel included: Veterans UnitedKate Horrell: Military Finance Coach at KateHorrell.comDoug Normand: Author of The Military Guide to Financial Independence and Retirement; Ameriforce Media and Military Saves.

We also featured financial tips all week on Snapchat.

View the Complete Tweetchat via Wakelet:

Questions We Discussed:

  • Q1: What are some common financial issues related to living the military life?
  • Q2: What financial decisions should a military member make before deployment?
  • Q3: What financial challenges do military personnel face during an overseas deployment?
  • Q4: How could frequent relocations affect military personnel financially?
  • Q5: How can military members safely and securely access and manage their financial accounts overseas?
  • Q6: How can service members with credit card debt save up for an emergency fund?
  • Q7: What common financial issues do military spouses struggle with?
  • Q8: What suggestions do you have for young, single-income families on a tight budget?
  • Q9: How can active service members prepare financially for the transition to civilian life?
  • Q10: Are there transition assistance programs available to help veterans find jobs?
  • Q11: Where can a service member turn to receive helpful financial advice?

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If you’ve never heard about #CreditChat, here is a brief overview:

Relevant chats on YouTube: