abidingpatri0t
New member
Hello fellow TSP investors. I'm working on a one page "Personal Finance Flowchart for Military Servicemembers"
https://i.imgur.com/0LMKpg8.jpg v1.0
v2.0 with community edits
It's inspired by and similar to this one from r/personalfinance and the old one:
Looking for feedback.
I'm trying to make this one page, actionable (i.e., do this, then this, don't do this), and relevant to 80%+ servicemembers, enlisted, officer, any branch, etc.
I think we're pretty good with the edge cases on the subreddit, but I think a lot of questions could be addressed with a simple one pager.
Edits:
v2.0 with community edits
It's inspired by and similar to this one from r/personalfinance and the old one:
Looking for feedback.
I'm trying to make this one page, actionable (i.e., do this, then this, don't do this), and relevant to 80%+ servicemembers, enlisted, officer, any branch, etc.
I think we're pretty good with the edge cases on the subreddit, but I think a lot of questions could be addressed with a simple one pager.
Edits:
- Adding a block for budgeting.
- Recommending TSP first with L2050 fund and then Roth IRA.
- Also note I'm writing this for a absolute beginner to military finances. This is the absolute bare essentials so they don't completely fuck up their financial life in their twenties.
- Changing SDP verbiage to read "Savings Deposit Program (SDP) - maximum contribution of $10k. Pays 10% annually. Great place for emergency fund."
- Version 2.0 here: