MMO #3- Debt Assault and Blended Retirement System Match
Season 1, Episode 7, Mar 10, 2021, 10:00 AM
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"While in the service, you are pawns of the government. We serve our nation against enemies foreign and domestic...when you decide to exit the military, either transition out or retire- the military is DONE with you."
In this episode we cover bad debt and how to pay off debt along with the Blended Retirement System match.
-Pay off debt using Debt Snowball (smallest to largest)
- Each car should not be more than 25% of your yearly income or no more than 3 months of pay
- If in Blended Retirement System, turn on your 5% match.
- Contribute into ROTH TSP 70% C Fund/20% S Fund/10% I Fund within your TSP
- Stay out of G Fund and Lifecycle Funds
Connect with me:
www.instagram.com/leadingwithcents
www.instagram.com/timmemak
In this episode we cover bad debt and how to pay off debt along with the Blended Retirement System match.
-Pay off debt using Debt Snowball (smallest to largest)
- Each car should not be more than 25% of your yearly income or no more than 3 months of pay
- If in Blended Retirement System, turn on your 5% match.
- Contribute into ROTH TSP 70% C Fund/20% S Fund/10% I Fund within your TSP
- Stay out of G Fund and Lifecycle Funds
Connect with me:
www.instagram.com/leadingwithcents
www.instagram.com/timmemak