Category: Financial Literacy

WASHINGTON – Servicemembers will see a rash of changes with the 2019 National Defense Authorization Act that could impact their pocketbooks, especially if companion legislation to fund the newly signed law gains congressional approval in the coming weeks. Among the most significant changes, servicemembers are slated to get a 2.6 percent pay raise, which would […]

More than 130,000 veterans are receiving letters on how to apply for refunds of taxes they paid on disability severance pay dating back to 1991 — a minimum of $1,750 per veteran. While exact estimates were not available, because each veteran’s payout varies, the government could be paying out a minimum of $228 million in tax refunds, […]

By Jacquelyn Pica, Penny Hoarder We all want to save more money. The question is, how? With so much new technology out there, it’s easy to feel overwhelmed. Plus, maybe you don’t feel comfortable sharing personal bank details with tons of different websites and apps. Forget the latest tech — these seven methods will help […]

By Joseph Montanaro, CFP® USAA Pick just one goal.  That may seem like a low bar to set as you ponder all the potential opportunities for financial betterment during this year’s Military Saves Week. You don’t have to stick to just one, but one is all you might need to make the last week of February […]

By Janet Alvarez Conventional wisdom says you should pay off your credit cards before saving for retirement. While it’s generally true you should pay off high-interest credit card debt as quickly as possible, there are a few situations where retirement savings should come first. Let’s look at the benefits of each approach. Benefits of Paying […]

Welcome to America Saves Week! America Saves Week is a campaign managed by the nonprofit Consumer Federation of America, which motivates, encourages, and supports low- to moderate-income households to save money, reduce debt, and build wealth. GCVF is among the many organizations proudly participating in America Saves Week to encourage our local population to make their money [...]