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Spendthrift Sailor

Blog Info

The Spendthrift Sailor
military, personal finance, budgeting, investing, credit cards, early retirement, financial independence
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Blogger Bio

Net worth:
Arlington, Virginia, United States
Life stage:
SIK (Single Income, Kids)
Military (Navy)
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Latest Blog Posts

The USAA Career Starter Loan or NFCU Career Kick-Off Loan is easily one of the most exciting opportunities for Cadets and Midshipmen that attend the service academies.  But the excitement is often misplaced, and the money is regularly misused.  Agreeing to take a loan for a tens of thousands of dollars in your early twenties is […] ...
Posted: Aug 29 2018 @ 12:34 PM
There are many myths at the United States Naval Academy some based on truth and others based on erroneous hearsay. As many midshipmen can attest one of the most confusing aspects of their time at the Naval Academy is precisely how their Midstore card works. This ignorance has lead to the myth of funny money. […] ...
Posted: Aug 27 2018 @ 10:41 AM
I am not a big fan of budgets, but you should at least have a reasonable approximation of all of your income and expenses. As a member on active duty, it has always been tough to find financial tools that are explicitly geared towards the military. Thus, I have begun the project of creating an […] ...
Posted: Aug 14 2018 @ 5:45 PM
At the ripe age of 29, I have made considerable progress towards my goal of financial independence, but this does mean I have not made my share of mistakes. There are two distinct and disappointing financial mistakes I have made in my life. The first mistake was leasing a car when my car was still […] ...
Posted: Aug 09 2018 @ 4:06 PM
One of the reasons I started this blog was sheer jealousy.  I kept reading these news stories about financial bloggers who were well on their way to fortune and fame in their twenties, and I thought to myself: WHY NOT ME?  Well, this blog may be the result of petty jealousy, but the Spendthrift Sailor […] ...
Posted: Aug 03 2018 @ 11:55 AM
A personal finance blog simple enough for Marines to understand definitely needs a short list of personal finance rules to live by.  Further, a sailor like me needs to have some financial boundaries, so I do not spend money like the proverbial drunken sailor. These rules are concise and straightforward because complicated instructions are hard […] ...
Posted: Aug 03 2018 @ 9:03 AM


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