MORE BANG FOR YOUR BUCK: Military and Money app - NBC12 - WWBT - Richmond, VA News On Your Side

MORE BANG FOR YOUR BUCK: Military and Money app

RICHMOND, VA (WWBT) -

Having a spouse or family member deployed overseas can be stressful enough without worrying about finances. Luckily, there's an app for that.

There are certain money matters that can be more complicated for military families than for average households.

"When a service member deploys, certain incentive pays kick in," said Brenda Linnington with the Better Business Bureau Military Line. "When they come home, those incentive pays go away, so they're dealing basically with a decrease in their spending power."

The free "Military and Money" app for iPhone was recently released by the Better Business Bureau and McGraw-Hill. It features budgeting, debt reduction and savings tools plus military-specific tips on deployments, home buying and selling, debt issues and credit cards.

Brenda Linnington of BBB's military line said it's not just helpful for families, but for young, single, service members seeking advice too. As waves of servicemen and women return home from Iraq and Afghanistan, the BBB suggests families keep one major piece of money advice in mind.

"You may want to go out on a cruise, you may want to go buy a brand new car, or do something that's really big and great, because everybody's feeling good, but it's better to wait when emotions come down a little bit and you can lead with your head and not your heart," Linnington said.

Right now, the app is available for iPhone and iPad. An Android version is in the works.

Copyright 2012 WWBT NBC12.  All rights reserved.

  • More Bang for Your BuckMore Bang for Your BuckMore>>

  • Designer discounts at Curtain Call

    Designer discounts at Curtain Call

    Friday, March 17 2017 4:47 PM EDT2017-03-17 20:47:48 GMT
    This weekend marks Curtain Call's 20th year. The consignment sale is where fancy items becomes affordable. (Source: NBC12)This weekend marks Curtain Call's 20th year. The consignment sale is where fancy items becomes affordable. (Source: NBC12)

    If you like top-of-the-line merchandise but know your budget will take a beating if you buy it, our Diva of Discounts has your answer.

    More >>

    If you like top-of-the-line merchandise but know your budget will take a beating if you buy it, our Diva of Discounts has your answer.

    More >>
  • MORE BANG FOR YOUR BUCK

    Boxed and delivered meal deals

    Boxed and delivered meal deals

    Friday, March 10 2017 5:10 PM EST2017-03-10 22:10:52 GMT
    Source: FacebookSource: Facebook

    Boxed meals, delivered to your home, are the hot new trend. It makes cooking simple for those of us with limited time or culinary skills, but are they worth what you pay for them? 

    More >>

    Boxed meals, delivered to your home, are the hot new trend. It makes cooking simple for those of us with limited time or culinary skills, but are they worth what you pay for them? 

    More >>
  • Car insurance discounts you could be using

    Car insurance discounts you could be using

    Friday, February 24 2017 5:01 PM EST2017-02-24 22:01:45 GMT
    Source: NBC12Source: NBC12

    Car insurance can be expensive, but there are ways every driver can lower their out of pocket costs.

    More >>

    Car insurance can be expensive, but there are ways every driver can lower their out of pocket costs.

    More >>
Powered by Frankly