10 Bad Money Habits Recruits Should Boot
Content provided courtesy of USAA.
When you joined the military, you probably were looking forward to seeing new places and learning new skills. But you may not have anticipated new financial trials.
The first few years in the military can really strain your budget — assuming you have one. A few wrong moves and you could find yourself in a financial hole that would be hard to escape.
"Most new recruits are young, don't have money to burn and have relatively little experience managing their own finances," says Glenda Oakley, a USAA employee and former Army platoon leader. Oakley has seen their financial challenges firsthand, both on base and throughout 15 months in Iraq. "I tried to help my soldiers understand that the decisions they make now will stay with them their entire lives."