Assessing the Personal Financial Problems of Junior Enlisted Personnel
Publisher: RAND Corporation
Published: August 25, 2002
Language: eng
Format: Paperback
Number of pages: 58
ISBN-13: 9780833031648
Subjects: Military life & institutions; United States; Military Science; History; Technology & Industrial Arts; Military; USA; Pay, allowances, etc; General; Political Science / General; Military - United States; Armed Forces; Finance, Personal; Sailors; Soldiers
First sentence: Military life subjects servicemembers and their families to a variety of stresses.
Description: Financial problems are widespread among young enlisted personnel in the U.S. military. This report shows that young military members are more prone to problems paying bills than their civilian counterparts are. These problems diminish the members' quality of life, and related stress can degrade job performance. The military provides classes and counseling, but money woes remain a problem. The authors encourage the Defense Department to reevaluate programs to identify effective types of training and counseling.