Ryan Guina

Nov 12, 2024 | themilitarywallet.com | Ryan Guina

VA Home Loans, which are backed by the Department of Veterans Affairs, are among the best options for veterans looking to purchase or refinance a home. They offer several advantages over conventional mortgages, including lower interest rates and 0% down payments. But most buyers have to pay a funding fee in order to use this benefit. Those who pay it typically just add it to their loan balance.

Oct 12, 2024 | themilitarywallet.com | Ryan Guina

When you enlist in the US military, you do so with the understanding that you will relocate often throughout your military service. In fact, military families move every one to three years on average after receiving and executing orders for a new duty station. And it’s estimated that about 400,000 service members make a move annually, impacting many military personnel and their families.

Oct 4, 2024 | themilitarywallet.com | Ryan Guina

The Servicemembers Civil Relief Act (SCRA) offers legal and financial protections to active duty service members, making it easier to focus on the mission without the burden of financial stress. If you’re a Navy Federal Credit Union member, the good news is they go above and beyond the standard SCRA requirements. I’ve been through this process myself, and I want to share what I’ve learned about how Navy Federal can help you with lower interest rates, foreclosure protections, and much more.

Oct 2, 2024 | themilitarywallet.com | Ryan Guina

Frequent moves are a fact of life for active duty military personnel. On average, most service members and their families can expect a PCS move every one to four years. If you plan to stay in the service for any length, that can create ongoing challenges when deciding to rent or buy as part of the PCS process. Because of mobility challenges, it’s estimated that about two-thirds of all active duty military members rent or live on base housing.

Oct 1, 2024 | themilitarywallet.com | Ryan Guina

When you sign up for the Thrift Savings Plan (TSP) you are given a choice between six fund options, all based on index funds. Index funds allow investors to buy a bundle of stocks that track a single market sector. Lifecycle Funds, also called L Funds, are structured differently. This group of 11 fund options uniquely mixes portions of the other five funds based on a retirement plan end date.