1. Save for emergencies 2. Pay off High Cost Debt 3. Save 4. Participate in the Thrift Savings Plan 5. Deploying? Take advantage of the Savings Deposit Program Photo and tips from the article, Five Saving Strategies, by militarysaves.org
Is the Thrift Savings Plan Right for You? The simplest advice when it comes to saving is: spend less than you earn and invest the rest. If you’re having a hard time with the first part of that, you need to talk to someone about monitoring your monthly cash flow, coming up with a budget, and getting out of debt. One place to start is with the (free!) Personal Financial Management Program at your local Marine Corps Community Services office.
TSP Thrift Savings Plan Talk - TSP Talk provides TSP fund allocation information and help for government employees and military personnel participating in the TSP (Thrift Savings Plan) program. In TSP Talk
The Thrift Savings Plan (TSP) is the Federal 401(k) program. Both FERS and CSRS employees are eligible to contribute to the plan, however only FERS employees may receive up to a 5% match on contributions.