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007 | Military Edition | LIVE How to Achieve Financial Independence in the Military
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Today's episode is a LIVE recording of a personal finance workshop Jared held in his unit in the US Air Force. Stay tuned to learn about money mindset, the Thrift Savings Plan (TSP), and stock market fundamentals.
While some of the details in this workshop are only applicable to military members, most of the discussion is widely applicable to everyone. You won't want to miss it!
Big Three Takeaways:
- It is possible for every military member to become a millionaire through the TSP, even if they don't stay in for 20 years.
- The C-fund is the S&P 500.
- Every military member should be contributing at least 5% of their base pay to the TSP.
If you'd like to ask us a question, email us at mailbag@thefischool.com and we might just discuss it on the show!
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