The Complete Military Money Guide
TAKE OUR POLL
MAKE THE MOST OF MILITARY BENEFITS
LEARN MORE: MONEY AND THE MILITARY
Save For Your Future
Save For Your Future
More From GOBankingRates

Foreign Tax Credit: How To Avoid Double Taxation on International Income
The Foreign Tax Credit is a way to lessen your U.S. tax liability and offset income taxes paid to other countries. Find out if you qualify this tax season:
READ MORE
Trump Just Dumped His Plan To Let You Use Your 401(k) for a Down Payment: What Now?
President Trump backed off his plan to let buyers tap 401(k)s for down payments, raising new questions about housing affordability and what comes next.
READ MORE
A Government Shutdown Is Imminent – Why This One Could Hit Your Wallet Differently
Just a few months after the longest government shutdown in American history, the U.S. government is yet again teetering on the brink of another shutdown. Lawmakers have been unable to agree upon funding for the Department of Homeland Security (DHS) and its controversial office of Immigration and Customs Enforcement (ICE), and must do so before the fiscal year deadline: midnight on Friday, January 30. Should they fail, the government will once again come to a funding standstill.
READ MORE
Trump’s Plan for Greenland: The Expected Economic Impact on the American Middle Class in the Coming Months
Greenland has been on the minds of many consumers in the United States over the past couple of weeks, particularly as President Donald Trump issued threats to use force to obtain Greenland and…
READ MORE
Trump’s Tariffs: How the Upcoming Supreme Court Decision Will Impact the Price of Groceries
Learn how an upcoming Supreme Court tariff decision could affect grocery prices and what changes American shoppers may see at the checkout line.
READ MORE
Tax Deductions and Credits Explained (2025-2026): What You Can Claim and How to Save
When tax season rolls around, deductions and credits can make a real difference in how much you owe — or how much you get back. Deductions lower the portion of your income that’s taxed, while credits…
READ MORE
Recession Odds Now at 60% — 6 Things To Do With Your Money Right Now
With recession odds climbing to 60%, learn the smartest money moves to protect your savings, reduce risk and stay financially secure right now.
READ MORE
3 Ways Trump’s Affordability Campaign Could Hurt Your Finances in 2026
From credit card caps to housing changes, see how President Trump’s affordability proposals could reshape costs for borrowers, homeowners and renters.
READ MORE
3 Key Points in Trump’s Davos Speech That Will Impact Your Wallet Right Now
From Greenland to tariffs, the president touched on three key issues that experts say could directly affect your wallet.
READ MORE
5 States With the Highest Federal Childcare Subsidies
Discover the five states receiving the most federal childcare subsidies and how funding levels could shape access, affordability and family budgets.
READ MORE
Trump & Venezuela: New Foreign Policy, New Changes for Your 401(k)
Learn how shifting U.S.–Venezuela foreign policy could impact markets, energy stocks and your 401(k) plan as investors adjust to new geopolitical risks.
READ MORE
Trump’s Tariffs: How the Upcoming Supreme Court Decision Will Impact the Price of Gas
Learn how an upcoming Supreme Court tariff decision could influence gas prices and what drivers may soon pay at the pump amid shifting trade and energy costs.
READ MORE
Trump Proposes Change on Who Can Buy Single-Family Homes: How Could That Affect the Housing Market?
Trump’s proposed ban on institutional homebuyers purchasing single-family homes sounds bold, but will it fix housing shortages or affordability challenges?
READ MORE
Trump’s Tariffs: How the Upcoming Supreme Court Decision Could Impact the Stock Market
The eventual Supreme Court ruling on Trump’s tariff powers could shake corporate costs, profits and market outlooks. Here’s what investors should watch.
READ MORE
Will Trump Replace the Income Tax? The 3 States That Would Suffer the Most
Will President Trump replace the income tax? If so, here are three states that may suffer the most.
READ MORE
In a Tariff Economy, Here’s How Much the Average Middle-Class Retiree Spends at 65, 75 and 85
Find out how much the average middle-class retiree spends at age 65, 75 and 85.
READ MORE
Trump’s New Healthcare Plan Promises To Lower Drug Prices and Send You Money for Premiums
Trump outlines a healthcare plan that pledges cheaper drug costs and new premium funding, leaving many wondering what it means for their coverage.
READ MORE
4 Big Shakeups That Might Be Coming to Social Security in 2026
If you receive Social Security, you may be closely watching what changes may come in 2026. However, even if you don’t receive benefits or feel like you’re years away from needing to pay attention, the…
READ MORE
Elon Musk Announces Change to a Tesla Fee That Could Impact Everything
Tesla is killing its one-time Full Self-Driving fee and moving to $99 a month. See why this shift could reshape the company and what it means for drivers.
READ MORE
How Much Richer Donald Trump Has Gotten Over the Last 5 Years?
Donald Trump’s wealth has surged over the past five years. See how much richer he’s gotten and what fueled his growing net worth.
READ MORE
What Will Mortgage Rates Look Like in 2026 Under the Trump Administration?
Here’s what to know, and what could continue to change under the Trump administration in 2026.
READ MORE
Trump’s New Prescription Plan vs. Mark Cuban’s: Experts Weigh In
Fed up with soaring prescription drug costs, billionaire Mark Cuban launched the Mark Cuban CostPlus Drug Company, an online pharmacy offering low-cost generic medications, with co-founder Alex…
READ MORE
Trump’s ‘Great Healthcare Plan’ Promises Lower Drug Costs — Will Your Pharmacy Bill Really Drop?
President Donald Trump announced a new healthcare proposal he’s urging Congress to pass, dubbed ‘The Great Healthcare Plan,’ which aims to lower drug prescription costs and “puts more money in your…
READ MORE
I Tracked Costco Prices Before and After Trump’s Tariffs — The Changes Surprised Me
Find out how Costco prices changed between spring and December, showing how the impact of tariffs could be hitting shoppers’ wallets.
READ MORE
How the Investment ‘Trump Accounts’ Could Affect Low-Income Americans
Discover how Trump Accounts could help give low-income families a financial head start through long-term investing and compound growth. Discover more now.
READ MORE
Experts Warn Consumers Could Pay More If 10% Credit Card Cap Limits Rewards and Raises Other Fees
Trump’s proposed plan to cap credit card interest rates at 10% for a year could save consumers money, but experts warn of tighter lending and higher fees.
READ MORE
2026 Mortgage Rates May Drop Because of This Trump Proposal — Will It Help You Buy a House?
Trump’s housing proposal could push 2026 mortgage rates lower—find out what it means for homebuyers and if it helps you afford a house.
READ MORE
What Trump’s Dispute with the Federal Reserve Means for Interest Rates (and You)
Trump’s dispute with the Federal Reserve could impact interest rates and your finances. Learn what’s driving the clash and what it means for you.
READ MORE
How To File a Tax Extension With the IRS and What to Expect
If you need more time to finish your taxes, the IRS allows one free six month extension. Here’s how to file for a tax extension.
READ MORE
3 Ways Trump’s Credit Card Plan Could Have Major Consequences for Your Money
President Donald Trump’s plan to cap credit card interest at 10% may slash profits, restrict lending and trigger economic ripple effects. Find out more.
READ MORE
How Trump’s Push on Venezuela, Cuba and Greenland Could Reshape Everyday American Finances
Trump’s recent actions in Venezuela, as well as remarks about Cuba and Greenland, could affect gas prices and shake U.S. finances. Here’s what to expect.
READ MORE
Here’s How Trump’s Mission in Venezuela Could Impact the Upper Class
Personal finance experts reveal how Venezuela’s oil reserves and U.S. policy could affect energy prices, markets and upper class wealth. Find out more.
READ MORE
Trump Now Says $2,000 Checks Are Coming by Mid-2026: How To Plan Your Budget Now
$2,000 checks may arrive by mid-2026. Learn who could qualify, what it means for your finances, and how to budget now for maximum impact.
READ MORE
5 Ways Tariffs Could Hit Your Wallet in 2026 — and How To Prepare
Tariffs in 2026 may raise prices again—see five ways they hit your wallet and simple steps to prepare your budget before costs rise.
READ MORE
5 Biggest Benefits of Trump’s Tariffs in 2025
Some experts asserted that the U.S. may see some advantages from President Donald Trump’s tariffs.
READ MORE
Here’s How Trump’s Mission in Venezuela Could Impact Gas Prices
Trump’s bold move in Venezuela sparks many questions. For one, could U.S. gas prices rise or fall as oil politics shift? Here’s what some are predicting.
READ MORE
Here’s How Trump’s Mission in Venezuela Could Impact the Stock Market
Trump’s moves in Venezuela could continue impacting oil, defense and gold stocks. See some of the possible short-, medium- and long-term market impacts.
READ MORE
4 Everyday Items That Could Spike in Price After Trump’s Mission in Venezuela
Will Trump’s Venezuela mission impact U.S. imports? See what everyday goods — like seafood, plastics, spirits and electronics– could end up costing more.
READ MORE
How Trump’s Venezuela Strike May Sneak into Your Grocery Bill
This Venezuelan strike could destabilize the finances of the average American in a rather surprising way: via your grocery bill.
READ MORE
I Asked ChatGPT How the Conflict With Venezuela Could Impact My Finances — Here’s What It Said
Could President Donald Trump’s moves in Venezuela shake oil markets and your wallet? Here’s what ChatGPT had to say about the potential financial fallout.
READ MORE
Here’s How Trump’s Mission in Venezuela Could Impact the Middle Class
On Jan. 3, the world watched as President Donald Trump addressed Americans, saying the U.S. military had captured Nicolás Maduro, Venezuela’s embattled leader of 12 years, and his wife. The pair were…
READ MORE
5 Companies Predicting Major Price Increases Due to Tariffs in 2026
Tariffs are already reshaping how much companies pay to make and import goods. In response, some major brands are raising prices to protect their margins.
READ MORE
6 Key Things To Know About Trump’s $2K Tariff Dividend Checks
Trump has proposed a tariff dividend check — who will qualify, how it’ll be funded and when you might see payments. Here’s what Americans should know.
READ MORE
Trump’s Tariffs: 6 Popular Food Items That Increased in Price Since April
President Donald Trump’s broad 2025 tariff campaign is now clearly visible in grocery aisles, reshaping prices on everything from beef to bananas.
READ MORE
Tariffs on Groceries To Know About for 2026
Learn which grocery tariffs could impact prices in 2026 and how they might affect your shopping budget and overall food costs.
READ MORE
I Asked ChatGPT What Would Happen If Gas Prices Hit $10 a Gallon
If gas were to hit $10 a gallon, costs, commuting and the economy would shift fast. See how a price spike could reshape daily life and consumer budgets.
READ MORE
Trump’s $2K Dividend: Who Qualifies and How You’ll Get It
Here’s who might qualify and how Americans could receive the money.
READ MORE
5 New Year’s Eve Traditions From Around the World Linked to Prosperity
From eating certain foods at midnight to wearing clothing that symbolizes currency, here are New Year’s Eve customs from around the world that are linked to prosperity.
READ MORE
6 Grocery Items Poised for the Biggest Price Increases in 2026
Finance experts foresee the following categories of groceries experiencing big price increases.
READ MORE
22 States in or Near a Recession Right Now — and What It Means for Residents
Find out which 25 states are in or near a recession and learn what this economic slowdown could mean for residents and their financial future.
READ MORE
Food Stamps: What To Know About SNAP Payments in January 2026
The new year not only means new rules for many families but also increased responsibilities for states.
READ MORE
Here’s the Amount of SNAP Benefits People Receive in Each State
The Supplemental Nutrition Assistance Program (SNAP) has been in the spotlight lately, such as with the recent government shutdown threatening benefits. While they remain under some political pressure…
READ MORE
3 Ways the Trump Administration Can Increase Retirement Costs in the Next 3 Years
Three ways the Trump administration might increase the cost of retirement in the next three years.
READ MORE
5 Types of People Struggling to Pay Bills Right Now — Are You One of Them?
Find out which 5 types of people are struggling to pay bills right now and see if you’re among those facing financial stress in today’s economy.
READ MORE
How the Investment ‘Trump Accounts’ Will Affect the Middle Class
The real impact of Trump accounts depends on how much middle-class households can afford to contribute above the $1,000 Treasury money.
READ MORE
What $10K Buys You Now vs. 10 Years Ago
Discover how far $10K goes today compared to 10 years ago, and what inflation and rising costs mean for your spending power.
READ MORE
What Trump’s $2K Tariff Payout Could Look Like in Your State
If approved, the payout’s impact will vary widely depending on where you live.
READ MORE
Here’s How Trump’s $2K Dividend Could Impact Retirees on Social Security
Trump has hinted at a $2,000 stimulus funded by tariff revenue. What do retirees and Social Security recipients need to know about these possible payments?
READ MORE
I Asked Grok What Will Happen If the AI Bubble Bursts
The current artificial intelligence (AI) boom has provided a major lift to the stock markets and economy this year. But it also carries at least one major risk: that the AI bubble will burst in much…
READ MORE
Here’s How Trump’s $2,000 Dividend May Impact the Stock Market
President Donald Trump has touted a $2,000 “dividend” check for each American tied to tariff revenue.
READ MORE
If 2020 Prices Returned Overnight, How Much Would the Average Household Save per Month?
Imagine waking up tomorrow and discovering that every price in the economy has snapped back to what it was in 2020. Gas. Groceries. Housing. Travel. Everything. It is a fun thought experiment, but it…
READ MORE
These Grocery Items Have Gotten Less Expensive Since Trump Took Office
Find out which grocery items have dropped in price since Trump took office and how these changes could impact your shopping budget.
READ MORE
Construction Costs Could Surge $10,900 from New Tariffs — Will Home Prices Follow?
New tariffs could add $10,900 to construction costs — find out if home prices will rise and what this means for buyers and builders.
READ MORE
Trump’s Tax Promises for the Middle Class: How Much of Them Has He Fulfilled?
Trump promised big tax breaks for the middle class, but how much did he deliver? See what changed and what experts say about the results.
READ MORE
Things Trump ‘Needs’ To Do for American’s Wallets in 2026, According to Economists
Economists outline key financial steps Trump should take in 2026 to strengthen Americans’ wallets and boost economic stability.
READ MORE
Trump Tariffs: 3 Items That Surprisingly Haven’t Increased in Price Since April
The toll tariffs are taking on companies this year adds up to a whopping $1.2 trillion with consumers are absorbing most of the costs.
READ MORE
What Does Buffett’s Berkshire Latest Buy Say About the AI Bubble?
Warren Buffett’s latest move, loading up Berkshire Hathaway shares in Alphabet, directly signals how he views a potential AI bubble today.
READ MORE
6 Ways Trump’s Closing This Major Consumer Advocacy Agency Could Impact Your Finances
Trump shuttering the Consumer Financial Protection Bureau could have a potentially significant effect on the finances of average Americans.
READ MORE
The 10 States Most Likely To Overspend This Holiday Season — Is Yours on the List?
Gifts, travel, food, decorations and all those “just one more thing” purchases can quickly turn the most wonderful time of the year into the most wallet-draining.
READ MORE
Supreme Court Fast-Tracks Trump’s Tariff Case: What the Decision Could Mean for Your Wallet
Trump’s “Liberation Day” tariffs face a Supreme Court showdown in coming weeks. Here’s what the ruling could mean for your wallet and the U.S. economy.
READ MORE
Here’s How Elon Musk’s Pay Package Vote Could Affect Tesla Stock
After a few weeks of headlines debating whether or not Tesla CEO Elon Musk would see shareholders successful endorse a proposed pay package — one potentially worth $1 trillion, should all milestones…
READ MORE
Tariff Rollbacks on Beef, Coffee and Fruit — Here’s How Much You Can Expect To Save
Tariff rollbacks on beef, coffee and fruit could mean big savings at the grocery store. Find out how much you can expect to keep in your pocket.
READ MORE
George Kamel: 5 Impactful Changes Big Beautiful Bill Is Already Having on Your Wallet
Trump’s Big Beautiful Bill brings major tax relief, tip deductions, student loan changes and car purchase perks through 2028. But there are also setbacks.
READ MORE
Trump’s 50-Year Mortgages: Why One Expert Thinks They’ll Help Homebuyers
Trump has proposed 50-year mortgage loans to boost home affordability. Could longer terms lower payments & expand buyer access (but raise interest costs)?
READ MORE
When Trump Says He Has ‘Solved’ Inflation, This Is What It Means for You
Understand what Trump’s claim about solving inflation means for your finances and how it could impact everyday costs and economic stability.
READ MORE
What Will Mortgage Rates Look Like as We Come Out of a Government Shutdown?
The government shutdown now has ended, but Americans are still left with a lot of questions. For one, what will mortgage rates look like going forward?
READ MORE
Tax Planning in the Trump Era: Strategies for High Earners
High earners face unique tax challenges under Trump-era policies—discover smart strategies to reduce liabilities and maximize savings before year-end.
READ MORE
Trump Promises $2K Stimulus Checks, but Are They Legit and Could You Get One?
If you are holding out hope for a big stimulus payment before the end of 2025 or even moving into 2026, here are some things to consider first.
READ MORE
Trump’s $2K Dividend: What Low-Income Americans Should Expect
Here’s what qualifying recipients of the hypothetical tariff dividend payment could expect.
READ MORE
Can You Get a Refund If Your Flight Is Delayed or Cancelled Because of the Government Shutdown?
Here are the Department of Transportation (DOT) rules and what experts say about flight plans if they are affected.
READ MORE
Ways Trump Can Control Mortgage Rates
Can Trump really influence mortgage rates? Explore three key ways his policies and decisions could impact housing costs for millions of Americans.
READ MORE
Trump’s Budget: What It Means for Your Retirement, by Age
Trump’s proposed budget could reshape retirement for every age group. Find out how it may affect your savings, Social Security and future plans.
READ MORE
Trump’s Tariffs: How Much 5 Popular Items Have Increased in Price Since April
Here’s how much these popular items have gone up since April.
READ MORE
Stocks Impacted by Trump’s Comments in 2025 — From Disney to Tesla
Trump’s 2025 comments sent shockwaves through the market—see which major stocks, from Disney to Tesla, were impacted.
READ MORE
How Trump’s Tariffs Crashed the Crypto Market — What It Means for You
Following President Donald Trump’s threat in early October that he would impose a 100% on imports from China to America, crypto markets crashed as a result. As the rollercoaster of Trump’s controversial 2025 trade policies continues, what should crypto investors expect next (and prepare for)?
READ MORE
Fed Rate Cuts Are Here and Could Change Your Finances — What You Can Do Now
You may have mentally marked Oct. 29 on your calendar. For homebuyers and current owners thinking about refinancing, that date can’t come soon enough.
READ MORE
If Trump Sells Your Student Loan Debt, Would That Help or Hurt You?
Approximately 45 million Americans owe, cumulatively, $1.6 trillion in student loan debt to the federal government. That’s a staggering amount of money. For context, America’s ballooning national debt — the largest in the world — is approximately $38 trillion.
READ MORE
SNAP Disruptions During Government Shutdown: 5 Ways You Can Help
Millions of Americans may lose SNAP benefits this November amid the government shutdown. Learn how you can help by donating food, money or even your time.
READ MORE
I Asked ChatGPT What To Do if My SNAP Benefits Stop: Here Are 4 Strategies
Editor’s Note: This article was updated Friday, Oct. 31 at 2:45 p.m. ET to reflect new updates to benefit payments. As of Friday, Oct. 31, the New York Times reported a Rhode Island judge has ordered…
READ MORE
Social Security November 2025: When Your Checks Will Arrive
The following guide lets retirees and other recipients know when to expect the first of their final two payments for the year.
READ MORE
Is Social Security Broken? 4 Alternatives That Can Earn You More Money
For the past 90 years, Americans have been able to look forward to monthly payments from the government after they retire. By paying into the Social Security system over the course of their working…
READ MORE
These 6 States Are Stepping In To Help SNAP Recipients — Is Yours One of Them?
California, New York, Louisiana, New Mexico, Virginia and Minnesota provide $320M+ in emergency SNAP assistance as federal benefits face government shutdown.
READ MORE
10 States With the Most Workers Impacted by Federal Furloughs
The federal government shutdown that began on Oct. 1 is creeping ever closer to the longest on record, which occurred during President Donald Trump’s first term and lasted 35 days, as reported by AP…
READ MORE
I Asked ChatGPT What Will Happen To Inflation If the Fed Keeps Cutting Interest Rates: Here’s What It Said
ChatGPT explained how Federal Reserve rate cuts could impact inflation, the U.S. dollar and your own wallet. Find out more about what it could mean now.
READ MORE
A Complete Guide to SNAP Benefits
Every new year involves reassessing your finances and reconfiguring how your monthly budget. It’s also the time of year to re-up your SNAP application.
READ MORE
I Asked ChatGPT How the Latest Trump Tariff News Could Impact My Wallet: Here’s What It Said
Trump’s new China tariffs might hike prices on toys, textiles and electronics if they go into effect. ChatGPT breaks down how much they could cost you.
READ MORE
Supreme Court Tariff Ruling Could Determine Your Budget for Christmas and Beyond
A Supreme Court decision on Trump’s tariffs could impact your holiday shopping in 2025. Find out more about when to expect the ruling and possible impacts.
READ MORE
4 Ways You Can Profit From the Fed’s Rate Cut, According to Finance Guru Graham Stephan
Five practical ways Stephan suggested to profit from the new economic backdrop.
READ MORE
5 Things Retirees Need To Know About the New Trump Drug Program
Will TrumpRx help cut prescription costs for uninsured retirees? Learn how this new drug program could impact retirees’ prescription budgets come 2026.
READ MORE
What Retiring in Red and Blue States Really Costs in 2025
Find out how retirement costs compare in red versus blue states in 2025—and which locations offer the best value for your golden years.
READ MORE







