Everyone in the military is familiar with the savvy savings benefits of the Thrift Savings Plan, a Federal Government-sponsored retirement savings and investment plan. But not every military servicemember takes full advantage of another smart military savings plan called your local commissary.
Have you visited your commissary lately? The commissary is there to help military families shop conveniently and save money with discounts on quality items. A recent study found that the commissary could yield a 30 percent savings in your military budget.
If you're a bit skeptical, compare the prices at Fort Sam Commissary to local area grocery stores. Money saved, item for item, is a whopping twenty nine percent. For the average military family that spends about $900 a month on groceries and household items, that's a savings of $250 per month.
Saving money is like finding money: it's unexpected cash in your pocket that. Trading your grocery store for the local commissary could potentially save your military family hundreds of dollars a month!
Think of how you might leverage this newfound extra income: to pay down credit card debt, build up your savings, contribute toward your IRA, purchase life insurance before your next deployment, or invest for your future.
Maybe you want to treat your military family to a well deserved vacation. Between the money saved at your commissary and the military discounts available on travel, hotels, and recreation parks, your next family vacation may waiting for you to discover it, right there in your current military budget.
Shopping smart to stretch your military paycheck and balance your monthly budget while providing the best for your military family; that's a top military priority. When you use it, the commissary could be the place you find money each time you enter the front door. Think of the commissary as an unexpected way to help your military family create a richer financial future, at your convenience.