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Veteran Wealth Secrets - Scott R. Tucker EPISODE 15, 19th April 2021
015 CSM Maurice Chaplin - Investing in the Military
00:00:00 00:32:54

015 CSM Maurice Chaplin - Investing in the Military

Today we will gain wisdom from CSM Maurice Chaplin of the 8th Theatre Sustainment Command on Fort Shafter Hawaii.

How to overcome the fear of investing … This will be great insight!

Episode Highlights:

  • 2:35 Maurice Chaplin as the senior military leader amidst the pandemic. 
  • 3:27 The virtual environment in the army. 
  • 4:11 The impact of Covid-19 cases in the military upon the shutdown of Hawaii. 
  • 6:18 The psychological impact of the pandemic to military. 
  • 8:19 The secret on Chaplin’s career. 
  • 8:43 Overcome the fear of investing for financial freedom.
  • 8:41 The blended retirement plan. 
  • 10:10 Chaplin’s wish as a private soldier. 
  • 11:21 Giving sense of security to soldiers by educating them about investment. 
  • 13:18 The shiny object syndrome in the military. 
  • 13:55 The 2 turning points of Maurice Chaplin to say yes to investing.
  • 16:21 Chaplin’s creative approach to soldiers in educating them about investment. 
  • 18:30 The modern economy and the importance of saving money in the military.  
  • 19:38 The financial freedom after retirement. 
  • 20:00 Establishing budget. 
  • 20:33 The temptation of online shopping and discounts.
  • 20:39 Coming out in the military with financial freedom. 
  • 23:00 The biggest financial take away from Chaplin.
  • 23:30 What’s next for Sergeant Major Maurice Chaplin?
  • 24:00 Chaplin as an army is a blessing and privilege to serve.
  • 24:15 Three years from now, Chaplin might be seating on the boat fishing or volunteering.
  • 25:00 Prepare for your future, take the opportunity and take risk. 

3 Key Points:

  • Overcome the fear of investing in financial freedom.
  • Learn the difference between wants and needs. 
  • Manage possibilities internally and find what fits your family. 

Tweetable Quotes: 

  • “To get to that financial freedom, you just have to find what works for you, or even listen, or take some advice from others”- Maurice Chaplin
  • “You don’t just wake up, and say, hey! I am the army’s major the next day, or I am the general the next day. It comes with time, it comes with investment, it comes with education.”- Maurice Chaplin
  • “It comes the day you leave the military, if you save enough, you might not have to get another job.”- Scott Tucker
  • “What’s the point of the (military) discount if you didn’t need the thing. And then, you still spending more money?”- Scott Tucker

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