Military Lingo, Yo

HDP = Hardship Duty Pay (paid during a deployment)
HFP/IDP = Hostile Fire Pay / Imminent Danger Pay (also paid during a deployment.)

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Cash is The Way to Go, People. (Now I just need to convince myself of that.): January 14, 2010 at 2:32 pm
Clarification on (the Non-Status of) a Short Sale: March 9, 2010 at 11:11 pm

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myfinancialobjectives July 21, 2010 at 9:54 pm: Looking forward to my two weeks in Hawaii coming up:) Plenty of Per Diem there!:)

[Reply]
Michele May 15, 2010 at 10:09 pm: We also are military. We just received housing on Little Creek NAB in VA. The lease is for 6 months then month to month. During this time we would like to look for a house and possibly buy a home. It would be nice to apply our BAH to something of value. But there are so many 4closures and 4sales it seems crazy to buy. We choose Norflok b/c we felt we would have a better chance of staying longer in one area. We have been in the Navy now for 12 years and plan to retire at 20 or 24 yrs. What do you think about buying the house while being in the military?? Have you ever lived in the Norfolk area and do you have any recomendations for areas to live?

[Reply]
jolyn Reply:
May 20th, 2010 at 11:02 pm
Michele- I have been thinking about your comment! I was going to reply here but I plan to do a whole post about it instead; I have so many thoughts on the subject. I’ll let you know when it’s posted.

[Reply]
jolyn Reply:
June 19th, 2010 at 8:37 am
Michele, I finally wrote a post addressing your question! I asked my husband to answer it, too, for a sort of HIS and HERS discussion. Our answers are here: http://budgetsarethenewblack.com/2010/06/buy-or-rent-if-military.html

I would love to get an update on what you guys decide to do!

[Reply]