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Web Money for Military

Thursday, May 24, 2007

12 Most Useful Sites for Military Finances

So, I briefed some members of my unit on finances and I showed the a couple sites. I wanted to let everyone know that these sites exist and how to use them for financial planning. Enjoy.

List of websites from finance class (5/23/07)

www.salary.com – Can be used to find out what education you may need for hundreds of jobs and can find the salary you should expect for specific area codes. Start by either entering in the job title or search the “all titles” section and then enter a ZIP code of where you want to work.

https://mypay.dfas.mil – After you log into Mypay, click the federal withholding link. Then click the IRS tax withholding calculator link. Enter in all your information (remember to enter in that we get paid monthly.)

www.myfico.com – This is where you can find out much your credit score can affect purchasing a home or a car. Then click on the “about myfico scores” tab on the middle of the page to find out how to increase your credit score.

www.annualcreditreport.com – If you haven’t received a free credit report in the last 12 months, then you can access it from this website. Or you can find your respective State’s website that allows for one free credit report a year.

www.bankrate.com – This is the Mecca of searching for financial information. You can search the best credit card rates, CD/Savings rates, and anything else. The banks compete with each other to get top listed on this site. So you win by their competition.

www.edmunds.com – This site uses local data to tell you how much “haggle-room” you have when buying a new or used car. It’s ZIP code specific and is almost exact. You can even print this up when you go searching for cars.

www.nada.com – This website will tell you the total amount of a loan that a bank will give you for a car. This IS NOT the value of the car. It is simply how much a bank will finance for each certain car.

www.tsp.gov – This is the information side of the Thrift Savings Plan (TSP). You can actually start it by going to the Mypay site. In the briefing I talked about the L fund. So click the large “L” link, click on the L 2040 (or whatever fund matches your retirement date), and the click the “play” icon to start the graphic that shows you how the L fund will AUTOMATICALLY adjust your money throughout the five funds without you doing anything.

www.morningstar.com – This is the Bible of mutual funds and general stock information. They have an awesome education center that will teach you everything. They have stock and mutual fund screeners that you can search thousands of mutual funds and stocks that meet your criteria.

www.fool.com – In the mediavel days, the only person in the entire kingdom that was allowed to tell the King the truth was the Fool or the Jester. This website “tells-the-truth” to investors. It also has an excellent education center.

www.zillow.com – This site uses advanced calculations to figure (Zestimate) how much homes are worth. You can see the price movement of any house that has an address.

Other useful sites:

www.bloomberg.com

www.realtor.com

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1 Comments:

Blogger Dimitri said...

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8:46 PM  

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