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How Milpreneurs Can Make Money Selling Products and Services
Service members, military spouses, and veterans can make money selling products and services online. But how do you get set up to selling in a way that's PCS-proof?
Entrepreneurship in the military community has been kicked into high speed. After decades of struggling with un and underemployment, military spouses are taking control of their careers and earning power by becoming entrepreneurs. I know because this is what I did. I started my business because I was sick of my career being at the mercy of another move.
As a business owner who coaches business owners, I know many new entrepreneurs don’t understand that when you start a business, you’re going into sales. Yes, to make money you need to sell your goods or services. The question is, where do you sell your services?
My guest Monica Fullerton is here to provide a resource to help military spouses and veterans sell their goods and services to make money. Monica is an Air Force spouse, twin mom, and founder of Spouse-ly! Spouse-ly is an online marketplace for military spouses, service members, and veterans. She’s currently stationed in Las Vegas, NV, and just quit her full-time job in the corporate world to focus on growing Spouse-ly.
Monica and I talk about what Spouse-ly is and how it can help military business owners thrive.
Full show ː
laceylangford.com/podcast/make-money-selling-goods-and-services

Find & follow me
Free Financial Kickstart Kit ː laceylangford.com/kickstartkit
Instagram ː laceylangford
Twitter ː FinanceLacey
LinkedIn ː www.linkedin.com/in/laceylangford
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Facebook ː TheMilitaryMoneyExpert

Listen to my podcast
Military Money Show ː laceylangford.com/podcast
Check out my blog
The Military Money Expert® ː laceylangford.com

My videos are intended for education and entertainment. I do not give investment advice.

Lacey Langford, AFC®, is a financial coach, writer, and speaker who changes people’s mindset from being fearful of money to having control and confidence with it. Money + military is her jam.
She’s the founder of LaceyLangford.com, a personal finance blog and coaching practice specializing in the unique world of the U.S. military. She’s been featured in Good Morning America, Market Watch, and U.S. News and World Report.
Lacey’s the creator and host of The Military Money Show, a podcast dedicated to helping the military community make, save, and invest money wisely.
Besides being a financial coach, Lacey teaches other financial professionals to build a portable and profitable coaching business through her Financial Coaching Business Builder course.
Lacey’s an Accredited Financial Counselor® with over 15 years of financial planning, counseling, and coaching experience. She likes long walks on the beach, cross stitch, and opera. Just kidding. She loves reality TV, chili-cheese Fritos, and laughing.
#Milpreneurs #Spousely
Переглядів: 128

Відео

5 Steps to Save in the Military
Переглядів 1062 роки тому
What are steps to save in the military that you can take right now? Saving money is the foundation of financial success. Having money set aside for emergencies and opportunities is essential in your money management tool belt. Lila Quintiliani is here to talk about all things money-saving in the military community. Lila is an Active Duty Army spouse, veteran, mom of two, and the Military Saves ...
Financial Triage: How to Rescue Yourself From Debt
Переглядів 482 роки тому
Financial triage is something more people should do with their money. If we aren’t mindful of them, finances can get us frazzled! If somethings off with your money, you probably already know it. You know you have to do something but what is that something? Where do you start? My guest, Eric Brotman is here to help us know where to go first with a little financial triage. Eric is a CFP with over...
How To Create Work You Love
Переглядів 222 роки тому
Life and work are balancing acts. We all have priorities, hopes and dreams, financial responsibilities, and family. Sometimes these can be out of sync and you end up doing work that doesn’t fulfill you instead of doing work you love. Many military spouses put up with work they don’t like for little money because of limited options. Many veterans struggle to find work after the military that the...
What Happens When You Go From Active Duty to Federal Employee
Переглядів 3092 роки тому
What happens when you go from active duty to federal employee? Most military service members and their families at some point have interacted with or worked alongside federal government employees. Have you ever wondered how their benefits compare to yours or even how to join the Civil Service ranks? Did you know that they also have TSP? My guest, Sam, is here to talk to me about financial life ...
How to Make Change With Micro Shifts
Переглядів 362 роки тому
It can be overwhelming when trying to take charge and make some positive changes in your life. Just taking that first step can be daunting. I have some good news, you can always start small with micro shifts. My guest, Dan Mangena built a four-step system called the Beyond Intention Paradigm after experiencing life-shattering trauma. Through his own struggles, Dan found a path to lasting joy an...
How to Manage Money with Spreadsheets
Переглядів 673 роки тому
Do you have every financial move you make memorized-me either? That would be hard. I need a system to keep all of our financial ducks in a row. We need to know what is coming in every month and what is going out. Not to mention if I heel over tomorrow, I need my hubby to pick up where I left off. Spreadsheets are one of the ways you can do that. But if you’re like me, sometimes complicated spre...
From Financial Survival to Independence on Active Duty
Переглядів 383 роки тому
The way your story begins doesn’t mean that’s your whole story. Personal finance is a journey we all start in different places. The actions you take along the way are you writing the story. My guest, Maricela Soberanes' story started as financial survival in Mexico. She is one of nine siblings raised by a single mom in Mexico City. Her mother and older siblings struggled to provide the essentia...
How to Start A Roth IRA
Переглядів 733 роки тому
Roth Individual Retirement Accounts or IRAs are a valuable tool for military spouses and service members to save for retirement. They’re probably even more valuable to military spouses who often struggle with unemployment or opportunities to use employer-sponsored plans. Which can cause milspouses retirement savings to be put off. But often people aren’t sure how to start a Roth IRA. Where do y...
How to Prepare for a Military Transition
Переглядів 1063 роки тому
How to Prepare for a Military Transition
How to Start a Business in the Military
Переглядів 1583 роки тому
How to Start a Business in the Military
How to Build Credit
Переглядів 363 роки тому
How to Build Credit
How to Make Your Finances Fun With Gamification
Переглядів 2213 роки тому
How to Make Your Finances Fun With Gamification
What the Heck is an ETF?
Переглядів 503 роки тому
What the Heck is an ETF?
What's Going on With GameStop?
Переглядів 933 роки тому
What's Going on With GameStop?
Why and How to Pay Yourself First
Переглядів 503 роки тому
Why and How to Pay Yourself First
Top Thrift Savings Plan Mistakes and How to Make Them Better
Переглядів 6963 роки тому
Top Thrift Savings Plan Mistakes and How to Make Them Better
Get More By Investing in Your Health
Переглядів 203 роки тому
Get More By Investing in Your Health
Steps You Can Take to Achieve Goals
Переглядів 253 роки тому
Steps You Can Take to Achieve Goals
How You Can Make Money With A Military Side Hustle
Переглядів 4673 роки тому
How You Can Make Money With A Military Side Hustle
How to Set Goals for 2021
Переглядів 113 роки тому
How to Set Goals for 2021
How to Have a Stressless PCS
Переглядів 623 роки тому
How to Have a Stressless PCS
How to Make Money on a Personally Procured Move (PPM)
Переглядів 16 тис.3 роки тому
How to Make Money on a Personally Procured Move (PPM)
TRICARE 2020 - What You Need to Know
Переглядів 1,3 тис.3 роки тому
TRICARE 2020 - What You Need to Know
Getting Settled After the PCS to Charles Schwab (What you Should Know)
Переглядів 663 роки тому
Getting Settled After the PCS to Charles Schwab (What you Should Know)
What Active Duty Should Know About the Servicemembers Civil Relief Act - SCRA
Переглядів 3,4 тис.3 роки тому
What Active Duty Should Know About the Servicemembers Civil Relief Act - SCRA
Why Military Couples Should Live Off One Income
Переглядів 1843 роки тому
Why Military Couples Should Live Off One Income
What's Up With USAA and Charles Schwab Investments?
Переглядів 5643 роки тому
What's Up With USAA and Charles Schwab Investments?
The Good & The Bad of 2020 Military Financial Readiness
Переглядів 1543 роки тому
The Good & The Bad of 2020 Military Financial Readiness
Roth TSP vs Traditional TSP | How to Pick Between the Roth or the Traditional TSP
Переглядів 2,6 тис.3 роки тому
Roth TSP vs Traditional TSP | How to Pick Between the Roth or the Traditional TSP

КОМЕНТАРІ

  • @fja5085
    @fja5085 7 днів тому

    So I can only end my auto lease if I’m deployed?

  • @2003nana
    @2003nana 2 місяці тому

    Can you do a PPM if you are ETSIng out the millitary?

  • @k1ngn1ko
    @k1ngn1ko 2 місяці тому

    Welp my recruiter (most recruiters aren’t great at their jobs based on what I have seen and heard) didnt tell me anything about the 30 days notice so I’m gonna give my apartment complex a notice but it will only be about 21 days hopefully they don’t trip

  • @ItzDommmxx
    @ItzDommmxx 5 місяців тому

    Hi the. link to the estimator doesnt work

  • @iLoveMissBri
    @iLoveMissBri 9 місяців тому

    Thank you this was so clear and easy to understand

  • @sophiavera1130
    @sophiavera1130 Рік тому

    I’m moving soon and this video helped a lot. Thank you!

  • @AbigailRoseify
    @AbigailRoseify Рік тому

    thank you for explaining

  • @Houstonee1425
    @Houstonee1425 Рік тому

    So if i’m profiting over 100k now that i’m out of the military vs when I was enlisted and probably only have 10 k in TSP with a short contract would it be wise to keep it? I have a 401 k with a much larger balance but once I get older i’m probably going to forget that I was ever in service especially that I had funds in TSP

  • @brycepond934
    @brycepond934 Рік тому

    My buddy has a retired Penske truck can I borrow that and if so what do I need ?

  • @willswillio8865
    @willswillio8865 Рік тому

    I plan to do a sale before moving. Wonder if I get the total max weight reimbursement even when I move with much less weight. My plan is to make money and buy new stuff when I finally move.

  • @kylekons3672
    @kylekons3672 Рік тому

    I’ll be honest… didn’t get too much out of this video other than the 2 technical acronyms. What websites do we use??? How do you fill it out???

  • @TxTrillFiger
    @TxTrillFiger Рік тому

    Do you receive back pay for loans over 6% since you enlisted? So I enlisted in 2018 and just found out about SCRA will I get money back from all the payments I paid at a higher percentage rate since I enlisted?

  • @kevinmichael2791
    @kevinmichael2791 Рік тому

    I just picked up active duty and really needed this, thank you so much!

  • @Derek-b8q
    @Derek-b8q Рік тому

    USAA sold my IRA and now I can't find it. Total ahole move USAA.

  • @jacobbarajas2746
    @jacobbarajas2746 Рік тому

    Money money money..... Literally all you talked about in this video completely disregarded one of the most important aspects which covers family law

  • @rueats5968
    @rueats5968 Рік тому

    Hi! I'm trying to find out if chase would also waive the annual fee for a future Sapphire Reserve, I have chase freedom unlimited now and AMEX platinum and opened it before my Call to active duty, I was hoping to apply for CS next and the cobranded CC from AMEX too. I've read some post that AMEX also waives the annual fee for the new credit cards as long as you have opened an account with them before CAD But not sure if Chase would also waive the fees for the future CC applications or would I just need to upgrade/change product my freedom unlimited to sapphire reserve to have the fee waived?

  • @Nodalthree
    @Nodalthree Рік тому

    This if fine, but what about child custody court issues.

  • @mattvee7242
    @mattvee7242 Рік тому

    Can you still use scra if you have debt in collections or a car is charged off ?

  • @hlhl2691
    @hlhl2691 Рік тому

    Can you switch it back and forth depending on your annual income for tax advantages?

  • @adamr4503
    @adamr4503 Рік тому

    When I retire and I elect to do a DITY move, how would I go about reimbursement? This wasn't covered in TAPs. I plan on moving from NM to NC but my home of record is Dallas, Tx. Would I get reimbursed the out-of-pocket to NC or just the cost associated if I would have gone back to TX?

    • @istolethecar
      @istolethecar Рік тому

      did you ever find out the answer?

    • @adamr4503
      @adamr4503 Рік тому

      somewhat. I talked to TMO and they said I would have to get a weight before and after my HHG where in the truck and then file a voucher when I get to NC. No idea how much I could make on doing the move myself or if it will be worth it or not.

  • @fixagent81
    @fixagent81 Рік тому

    How can you loose money in the g fund if you don’t intend on gaining but only saving money that is already in the g fund meaning the g fund doesn’t loose money but it doesn’t necessarily gain additional money but if you put in and only intend on gaining only what you put in is it necessarily a bad thing?

  • @megancorral372
    @megancorral372 2 роки тому

    Do you get reimbursed for moving costs when moving to your first duty station?

  • @tooquick6
    @tooquick6 2 роки тому

    I need to take out all of my TSP money for college expenses. How much will I get if I take it all out? I have $16,000 in it. I’m in my 30s.

  • @loqmanmohamed8418
    @loqmanmohamed8418 2 роки тому

    I’m moving out of the country traveling to permanently live in another country. Is that a good reason to withdraw all of my tsp account without penalty or maybe reduced taxes??

  • @ritagamron2130
    @ritagamron2130 2 роки тому

    I am a civilian veteran I worked at the VA Hospital and I HAD to retire for medical reasons and I have CP and I am currently working on getting into my TSP I would love some advice on your ideas on how to best do after all it will be hard because of the fact that it was almost 20 years ago now and because of the move and update to the TSP program and I do not currently know my account number and currently on SSDI I started at 21 and worked there at the VA Hospital when I was 32 I retired that's from November 1992 September 2003 and haven't touched it since they have set it up differently because of my disability

  • @randle1972
    @randle1972 2 роки тому

    I just got a Chase Credit Card and I’m active duty. Chase says SCRA can’t be used because I got it after I was already in the military. Is this right? Thanks for all the info

    • @1SuperD1
      @1SuperD1 2 роки тому

      MLA is for everything after joining but the benefits aren’t as good as SCRA

  • @OneMoreCasst
    @OneMoreCasst 2 роки тому

    I have a travel trailer that weights 7,500lbs. My weight limit is 8,000lbs. Does my camper count toward my weight limit? Any response , tips , information would be greatly appreciate, thanks in advance.

  • @spiritus.9
    @spiritus.9 2 роки тому

    My dad is 70 and just recieved a letter to rollover, what do you recommend he does?

  • @paulpacker2750
    @paulpacker2750 2 роки тому

    Does this cover dependent student loan debt?

  • @sparkhealth9850
    @sparkhealth9850 2 роки тому

    Hi Lacey thanks for your video. I’m in the Public Health Service and therefore qualify for SCRA but not MLA benefits. I’m interested in opening new credit cards with annual fees. My question is if I open those while on active duty now and receive a new set of orders in the future will those credit cards qualify for SCRA benefits? I’m not sure if they count active duty from the very first active duty orders or the most recent orders? I’m anticipating to be on active duty without a break between orders.

  • @bogdanshevchenko
    @bogdanshevchenko 2 роки тому

    I had no idea Stephen King cared so much about the military

  • @akioonna3
    @akioonna3 2 роки тому

    If I’m doing a partial ppm, and pulling a car on a trailer. Do I weigh it with the trailer or without the car and trailer?

  • @kierrakallunki1879
    @kierrakallunki1879 2 роки тому

    Does it protect late payments reporting to credit bureaus?

  • @charlessedlacek5754
    @charlessedlacek5754 2 роки тому

    It is crap that you cannot set up payments or touch it UNTIL YOU ARE OFFICIALLY RETIRED...IT IS MY MONEY!!

    • @jrfisher9497
      @jrfisher9497 2 роки тому

      OR IF YOU SEPARATE FROM THE SERVICE DICK HEAD

  • @harethalomari8992
    @harethalomari8992 2 роки тому

    I have a question what about Auto loan can you terminate your loan for deployment?

  • @studimeglio7110
    @studimeglio7110 2 роки тому

    They are the worst. Been trying for two weeks to make a monthly withdrawal from them. The site constantly goes down as you are in the process. Then told me they will send me papers to withdraw. Still waiting after two weeks. Taking a monthly payment is not an automatic 20% for taxes. More complicated. Will take out once I’m 59 1/2!

  • @yasminelaguide9880
    @yasminelaguide9880 2 роки тому

    For the ppm move do I weight the empty and full truck at the departure location?

  • @musaconteh1032
    @musaconteh1032 2 роки тому

    This is really beneficial, because I’m doing my first PPM from Lee to Bragg, the information helpful. Thank you

    • @itsmilmo
      @itsmilmo 2 роки тому

      You're welcome. So happy it was helpful to you!

  • @chansermish2406
    @chansermish2406 2 роки тому

    So per what you said, about doing PPM. So you are saying that if you are authorized 8000k of house hold goods, but you only end up moving 5000 of house hold good. They will pay the rest of the 3000?? Dont you have to weight your truck empty and full anyways? And then submit the ticket?

    • @contextclue
      @contextclue Рік тому

      Ever find out?

    • @e.a.2393
      @e.a.2393 Рік тому

      @@contextclue if you are authorized 8000lbs and you only move 5000lbs, they will only pay you for the 5000lbs.

  • @jazminegonzalez462
    @jazminegonzalez462 2 роки тому

    What if you financed the car instead of leading would you be able to use SCRA ?

  • @jakebailey9884
    @jakebailey9884 2 роки тому

    I served from 2012-2017. I honestly forgot I have been set up in TSP for those years. Having trouble accessing any type of info on my account. any help?

  • @dentreveal3820
    @dentreveal3820 2 роки тому

    This was very informative. Thanks, new sub here.

    • @itsmilmo
      @itsmilmo 2 роки тому

      Thank you, I'm glad you found it helpful. Welcome!

  • @napoleongacusan4198
    @napoleongacusan4198 2 роки тому

    I want to know if I leave my money in TSP and start a monthly/yearly installment withdrawals when I reach 72, does the remaining balance still earn gains/loss depending how the market is doing? Also, can I still do the 2 interfund transfers per month? If this can be done, then the best way to take money out is by installment and take about 15% of your principal since the TSP gains more than 15% every year (most of the time). This way you keep your principal or it might even go up and just take the gains. Anyone knows the answer to this, kindly enlighten me.

  • @knuttlaarsen7218
    @knuttlaarsen7218 2 роки тому

    Don't know how I bumped onto this. Anyway Awesome video ❤️😄. I also have been watching those rather similar from MStarTutorials and kinda wonder how you guys create these clips. MStar Tutorials also had amazing information about similiar things on his vids.

  • @vern1856
    @vern1856 3 роки тому

    Thank you so much for this video!! I have recently retired and am starting a new job this month. My company offers a relocation service that packs out my home just as a PCS would. Since I "personally procured" this move by getting the job, am I still entitled to the reimbursement from Uncle Sam??

    • @itsmilmo
      @itsmilmo 3 роки тому

      Yes, if you applied and were authorized a PPM.

  • @strokerace4765
    @strokerace4765 3 роки тому

    What be a TSP?

    • @itsmilmo
      @itsmilmo 3 роки тому

      It's the Thrift Savings Plan, the federal government's version of a 401k.

    • @strokerace4765
      @strokerace4765 3 роки тому

      @@itsmilmo I have a 403B

    • @itsmilmo
      @itsmilmo 3 роки тому

      @@strokerace4765 right on 🙌 Maybe this video will be helpful ua-cam.com/video/hSlqSzABVzQ/v-deo.html

  • @jorgegiron4868
    @jorgegiron4868 3 роки тому

    Hi, I’m going to training on October 19, 2021, and I have an apartment, but the lease isn’t up until April 2022. What do I need to do? I live in MD

    • @itsmilmo
      @itsmilmo 3 роки тому

      You need to give a copy of your orders to your apartment manager in order to break the lease early.

  • @kevindonoghue8707
    @kevindonoghue8707 3 роки тому

    My son will be entering the Coast Guard in 3 months. He (mostly me) will be paying off student loans that he took out up to 4 years ago at high interest rates. Would the 6% loan cap only go into effect from the day he enters or be retro active to the day he took out the loans? Basically, he has already accrued years worth of interest at around 10% on the loans. So would there be a credit? or is it only moving forward on the current amount owed?

    • @itsmilmo
      @itsmilmo 3 роки тому

      It starts the day he joins and forward for loans he took out before joining. Some companies may offer a refund on interest for certain debts. It's always best to ask. Many banks will reduce the interest rate below 6% to 4% as well.

  • @donceervpdz4406
    @donceervpdz4406 3 роки тому

    Great educational information. Thank you

  • @itsmilmo
    @itsmilmo 3 роки тому

    If you're interested in learning more about my military + money event please sign up here for updates. I'd love to know if you'd like to attend. bit.ly/3Cj47xQ