Posted on Mar 4, 2018
Military families experiencing financial strain, survey finds
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We have to get this figured out. We cannot ask our service personnel to risk their lives and not have a plan to keep them together here at home. It’s not always about the money...!
Military families experiencing financial strain, survey finds
Posted from stripes.comPosted in these groups: 
Finance
Finance
Posted >1 y ago
Responses: 2
The problem lies in not effectively managing the resources you have. If you give someone 200k a year or 20k a year and do not teach them sound financial principles, they will waste it and have nothing left over. Our society today is a "Now" society. We don't wait for things we can't afford or create vision boards of our future. Instead, we buy them on a credit card and pay the minimum payments. We buy bigger houses than we can afford, and drive cars that are way above our means. The answer is teaching people to live BELOW their means and plan for their future.
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COL Lee Flemming
Partially true... Moving is expensive. 70% of Americans are living month to month. Our young specialists and NCOs are no different. They are married younger and often incur expenses at of elder counterparts without the requisite life experiences to manage the turmoil.
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CPT (Join to see)
Where do the majority of these expenses come from sir? I'll tell you what I think the answers are after I get your feedback.
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COL Lee Flemming
No cost transition hotels, pre-approved stateside housing / rental agreements, pre-negotiated utility prices that do not require deposits...
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