Military-money

2015 Military Pay Scale – Proposed

The proposed 2015 military pay scale will be effective January 1, 2015.  The 2015 military pay increase will be 1 percent. See here for 2015 military pay dates. Proposed 2015 Military Pay Scales GRADE 2 OR LESS OVER 2 OVER 3 OVER 4 OVER 6 OVER 8 O-10 (*1) O-9 (*1) O-8 (*1) $10,046 $10,375 $10,593 $10,654 $10,927 $11,382 O-7 (*1) $8,347 $8,735 $8,914 $9,057 $9,315 $9,571 O-6 … [Read More...]

Soldier Holding Money

2015 BAS (Basic Allowance for Subsistence) Rates

The 2015 proposed BAS (Basic Allowance for Subsistence) rate is 3.4% which is the same as last year and the year before.  See the trend here?   A better gauge as to what the BAS will be is to look at the projected increase in the price of food.  This is how BAS is calculated (more on this below), and currently the projected average price of food this year will increase 2.0% - 3.0%.   Unlike other proposed compensation cuts by the Pentagon within the … [Read More...]

BAH Basic Allowance Housing Rate

2015 BAH (Basic Allowance for Housing) Rates

The 2015 BAH rate will be 1% lower now that President Obama has signed the Defense spending bill into law.   The defense bill originally included a 5% reduction that had service members paying 5% out-of-pocket costs and the loss of renters insurance (1%) factored into BAH.  Veterans are exempt from the BAH reduction and thus Post-9/11 GI Bill recipients […]

More on Housing & VA Loans

2014 Top Online Military Friendly Colleges

2014 Online Military Friendly Colleges

2014 top online military friendly colleges for active-duty, veterans, military spouses, and dependents.  There are over 11,000 higher education institutions to choose from, and finding one that meets your individual needs while … [Read More...]

More on Education

More Military Benefits and Resources