PODCAST · education
Service and Wealth
by Ted E.
Welcome to "Service and Wealth" with the Military Wealth Coach! Dive into military budgeting tips, investing for military personnel, and financial planning for military families. Unlock strategies for military savings, debt management, and retirement planning. Take back control over your money, and Master Military Finance with us today!
Episodes
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035 Budget Problems Solved: Introducing The iCASH System™
Trick question (or is it?): what's the first step in budgeting? If you said "put down your income," or "list my regular expenses from biggest to smallest," you're 100 percent WRONG. No effective Personal Financial Plan or budget can start this way, because it's ignoring what's important to you....
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034 Why Budgeting Fails and Budgets Suck
It's a real shame: budgets and budgeting apps are designed to fail. They just tell you the fun and rewarding things that you're not allowed to do! Life's too short not to enjoy it. But since there's a Future You that will want a new car, to buy your first house, to travel the world, go back to...
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033 Military Families in Financial Crisis
America's military families are in trouble: --74% can't afford their housing costs on BAH alone --76% state they need more money to make ends meet --76% say they need their spouse to work to make ends meet --57% of them are single-income households There's no denying it: the military lifestyle is...
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032 Can You Be Military and Actually Afford a Home in 2025?
If you only read the headlines, you'd believe that there's no way you can ever become a homeowner and check off the biggest "to-do" on your way to achieving the American Dream. After all, as we roll into 2025 the average (median) home price in the U.S. stands at $410,000: at 7% interest rates…
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031 Real Estate 101, Part 7 -- How Real Estate Makes You Money
It's crazy: there are still people out there who think you can't make money in real estate! The reality is that real estate offers so many different ways to make money that it is a far superior asset class to anything else out there. Want to make money on your stock portfolio? You have TWO ways…
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030 Stock Market: Bubble or Not, What You Can Do to Protect Your Investments
Believe it or not, no one can predict what will happen with the stock market -- or with individual stocks. In fact, on a daily basis, there's a 53% chance a stock will go up and a 47% chance it will go down: hardly any better than a coin flip. So when the headlines are calling for Doom and Gloom,...
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029 Real Estate 101, Part 6 -- Your Millionaire Real Estate Campaign Plan
Just like working up for a deployment, at some point all the training just seems to come together and make sense. You memorized all the technical jargon in your Field Manual (FM), and know the Tactics, Techniques, and Procedures (TTPs) to apply the "tools in your toolbox" in a real mission…
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028 Real Estate 101, Part 5 -- The VA Loan, Your Tactical NUKE!!!
Finally, it's here . . . drumroll please . . . The Authoritative Guide to the VA Loan. If you think you already know all you need to know about the VA Loan, we guarantee that by the end of today's show you will have found several reasons to pick up your Green Notebook and a pen and write down…
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027 Real Estate 101, Part 4 -- Financing Basics, aka the Miraculous Mortgage
In our fourth installment of our Podcast series on Real Estate for the Military, we finish building our Financial IQ Foundation by discussing financing and mortgages. Not just for the VA Loan, but general truths about home loans and the mortgage industry. While it may feel like a bit of tease to...
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026 Real Estate 101, Part 3 -- the 5 C's of Buying a Home
Welcome back for our third installment in the series of Real Estate for the Military, in which we move from crawl to walk -- and help you with some tried-and-true TTPs for making killer offers and getting a great deal on your first (or next) house. In Week 1 we laid the foundation of what real...
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025 Real Estate 101, Part 2 -- Building Your Team
In our second installment of the Military Wealth Coach's Service and Wealth series on real estate for the military, we build on the foundation of Part 1 in which you learned about the foundation of all real estate transactions, and the things you need to check on before buying a property. Armed...
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023 Real Estate 101, Part 1 - The Foundation
Buying a house -- so many words and feelings come to mind: exciting, intimidating, scary . . . and also we probably all assume it's really complex! But the feeling that it's hard comes from not knowing the ins and outs of real estate transactions, where it all starts, and the "who's who in the...
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(BONUS) 024 Trump 2.0, Part 2
We follow up last week's "post-election special" with a second round of discussion about the link between a second Trump Presidency and your life and finances in the military. In response to listener feedback, we dig a bit deeper into the numbers to explain why the standard military pay based on...
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022 ELECTION SPECIAL: Predicting the Impact of Trump 2.0 on Your Military Pay
President Trump secured the 2024 presidential election by a wide margin -- and perhaps even more significantly the Republican Party gained seats in both the Senate and House of Representatives. As the party with an historical reputation as being more "pro-military," does Republican domination…
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021 Know Thine Enemy . . . The Real Deal on the TSP Lifecycle Funds
Do you know what happens when you let the military manage your TSP (Thrift Savings Plan)? You sacrifice between $1.1 and $2.6 MILLION by the time you hit retirement age. Let that sink in for a minute. The Lifecycle Funds sold by the TSP are highly inefficient investment strategies that rob you of...
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020 You Have the Power to Change: Saving Money is Hard, Part 2
When your investment portfolio takes a turn for the worse, how do you react? Are you a "stick it out" type -- or do you "panic sell?" Do you believe that you "got screwed by the market" -- or do you take action to set up future trades in a way that prevents a big financial loss? It turns out…
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019 It's Not Your Fault: Saving Money Is Hard, Part 1
Did you know that your beliefs about money, saving, and investing were most likely formed when you were just 6 or 7 years old? The truth is that we imprint the beliefs and emotions of our parents, neighbors, and pop culture when we're too young to even realize what's happening. And the…
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018 The Military Wealth Coach's Take on "Girl Math" (Hint: It's Not What You Think)
TikTok loves Girl Math Memes -- both those "for", and those "against." While Girl Math has nothing to do at all with math (obviously), it also has nothing to do with girls: boys also use Girl Math all the time! While it can be fun to talk about and makes for silly memes, the wasteful spending…
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017 Getting Out of the Military: What to do with Your Blended Retirement System (BRS) -- 3 of 3
This week we wrap up our monthlong series on the Blended Retirement System. Click the links to listen to Episode 1 and Episode 2 if you missed out. This episode is dedicated to explaining what to do with your BRS and TSP when you take off the uniform one last time and collect your DD214. Unlike…
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016 How Much You Really Make, aka The Blended Retirement System's Cash Value
Most of us who leave the military before 20 years do so to chase higher paychecks in civilian jobs. And while the dollar amount printed on the check every 1st and 15th will likely be more, are you really making more in terms of total compensation? As it turns out, we all need to do a little math…
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015 How to Manage Your Blended Retirement System (BRS) While in Uniform -- 2 of 3
While your service branch may automatically enroll you in the BRS to make Thrift Savings Plan (TSP) minimum contributions of 5% in order for you to get the 5% Match, that's about the only part of it that is automatic. Of course you should contribute more than the minimum -- and beyond that…
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014 Retirement and Your Blended Retirement System (BRS) -- 1 of 3
This week we talk RETIREMENT and the Blended Retirement System (BRS). While saving for a car is a $10,000 goal and saving to buy a house with the VA Loan could require $25,000 in savings, retirement is going to require that you're a multi-millionaire. That's right, by the time you hit your 50s,...
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013 Meet The Coach: My Money Story
The way we think and feel about money, from unhealthy obsession to constant worry to total avoidance, is rooted in the experiences we had growing up, and the lessons we learned from others. The Military Wealth Coach is no different, and all of the invaluable insights and awesome tactics and tips…
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012 The Military's Survivor's Benefit Program (SBP): Why You Must Opt-Out
The military loves to gloss over the important things when it comes to pay and benefits, especially when it affects your bottom line. Indeed it goes beyond that and makes it more difficult to opt-in or opt-out for programs that are in your best interest, while automatically putting you in or out...
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011 Is Tuition Assistance Right For Me?
Should you get a college degree while you're in uniform using Tuition Assistance, or wait to use your G.I. Bill after you get out? If you already have a degree, should you use TA to go out and get an MBA or other graduate degree? In America in 2024 it's pretty true that you need college in order…
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010 Buying a Car in 2024, or How Auto Financing Keeps You Poor
Ah, yes, the American Dream: a house in the suburbs, picket fence, and a shiny new car in the driveway. But is it your dream? Clever and aggressive marketing from a young age certainly has convinced you that to be somebody you need to drive a nice car. Yet the reality is that everyone else in the...
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009 Investing 401 Managing Your Investments
Our 4-part series on investing comes to a close. At this point you are confident enough to start investing, and also have the outlines of a basic strategy to make it easy and worry-free. In this week's episode, you'll learn that there are a few things you need to do to make sure that the…
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008 Investing 301 Choosing Your Investments
It's time to put it all together and make your first investments: Investing 301 explains how to put the lid on our buy box, and walks us through the process and decisions and mindset for each step of our process. From escaping the quicksand of worthless cash savings accounts to defeating…
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007 Investing 201 Why Investing Works
Investing 201 is the second in a 4-part Podcast series recorded to help you build an investment strategy and portfolio specifically tailored to you, yet still built on core fundamentals. Last week in Investing 101, you learned some basic fundamentals to get started -- which is kind of like…
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006 Investing 101 Why You Need to Invest
Before you start investing in the stock market now that you have some cash and your first brokerage account, you need to build a strategy -- and your confidence. So long as you have the right timeframe and mindset, you can trust yourself to make the right investment decisions and start taking...
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005 What Accounts Do I Need? The Four Accounts to Open Today
Finally saving money, but it's all just sitting there in a USAA Checking Account? Can't tell which dollar is for bills and which is for savings? Unsure with what steps to take next to start investing? Now that you're armed with the knowledge of what your target savings rate should be, how you can...
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004 Balancing Act: Building Wealth AND Enjoying Your Life
This week we bring our story full circle and explain how following the Military 40:40:20 Rule for budgeting that you learned in our first episode can with a simple financial plan achieve Financial Freedom in just a single 20-year working (military OR combination military + civilian) career.…
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003 Emergency Savings Funds: How Much You Really Need
This week we discuss why saving "3 to 6 months of your salary" for an Emergency Savings Fund makes zero sense in the military -- or for just about anyone for that matter. We explain how income replacement is just one reason to have emergency savings, but that if you have guaranteed employment in...
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002 The Military Savings Order of Operation
This week we discuss why the traditional "Retirement Savings Waterfall" is bogus in the military, since service members aren't even eligible for all the accounts recommended. We simplify the waterfall and describe the Military Savings Order of Operation, which helps you: 1. Fund your Emergency...
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001 Unconventional Finance: Savings Tips for Military Personnel
In our first episode we lay out a plan to help you get a jump on building wealth and saving towards a multi-million dollar retirement. We explain why conventional advice don't work, why you should never "max out" your TSP, and why saving 15% for retirement will never be enough. Listen and learn…
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ABOUT THIS SHOW
Welcome to "Service and Wealth" with the Military Wealth Coach! Dive into military budgeting tips, investing for military personnel, and financial planning for military families. Unlock strategies for military savings, debt management, and retirement planning. Take back control over your money, and Master Military Finance with us today!
HOSTED BY
Ted E.
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Frequently Asked Questions
How many episodes does Service and Wealth have?
Service and Wealth currently has 35 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Service and Wealth about?
Welcome to "Service and Wealth" with the Military Wealth Coach! Dive into military budgeting tips, investing for military personnel, and financial planning for military families. Unlock strategies for military savings, debt management, and retirement planning. Take back control over your money, and...
How often does Service and Wealth release new episodes?
Service and Wealth has 35 episodes. Check the episode list to see recent publication dates and frequency.
Where can I listen to Service and Wealth?
You can listen to Service and Wealth on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts Service and Wealth?
Service and Wealth is created and hosted by Ted E..
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