Air Force

May 30, 2013

Beware financial consequences: manage your money wisely

Tech. Sgt. Taylor Worley
99th Air Base Wing Public Affairs

NELLIS AIR FORCE BASE, Nev.  — Starting in basic military training, through technical school, to their first duty station and beyond, Airmen are advised to stay in control of their finances.

According to Air Force Instruction 36-2906, Personal Financial Responsibility, military members, “will pay their just financial obligations in a proper and timely manner.”

Becoming financially irresponsible comes with consequences, especially in the military.

Master Sgt. Cristy Anderson, 53rd Test and Evaluation Group first sergeant, says leadership does not want to get their Airmen in trouble. Instead, they encourage them to contact their leadership before there is a financial problem so administrative punishment doesn’t become a factor.

“We can’t make someone do an allotment, we can’t make you pay your bill, [or] order you to do that. But if you’re not going to do it, there will be a consequence,” she said.

“We want to help you; we want to get you on the right road to success. If we continue to have a problem, then some people may document a verbal [counseling], and if that still doesn’t fix it, you are looking at a [letter of counseling], [letter of reprimand], or all the way up to an Article 15.

“Discipline is progressive, you may find yourself discharged and out the gate” Anderson said.

Letting your finances get out of hand and falling into trouble can not only affect your military career, but it can affect your life outside of uniform as well.

“[Financial trouble] can harm your credit score, and these days your credit score means a lot,” said Quan Franklin, airman and family readiness center community readiness specialist. “A poor credit score can affect security clearances, loans, rent applications and more.”

If you find yourself in financial trouble, there are programs and strategies in place to get you back on track.

“Once you set a goal and determine that this is what you want to do, what you need to do to get to where you want to be, then it is possible,” Franklin said. “It first starts with the individual.”

“A lot of times a lot of problems can be solved by starting a budget” she added. If you need help preparing a budget, the AFRC can assist you.

Preventing financial problems is your best defense, but if you find yourself facing money problems, keeping your leadership informed and being open to help can prevent many consequences.




All of this week's top headlines to your email every Friday.


 
 

 

Air Force not planning Involuntary Force Reductions in 2015

FORT GEORGE G. MEADE, Md. – The modern Air Force is “feeling some strain” recently, due to its shrinking size and high operations tempo, but there won’t be any more involuntary force-shaping in 2015, Secretary of the Air Force Deborah Lee James said today. James said she and Air Force Chief of Staff Gen. Mark...
 
 

Commissary Rewards Card helps patrons save

FORT LEE, Va. – Customers looking to save even more than the usual 30 percent on their groceries can reach for their personal plastic: the Commissary Rewards Card. The Defense Commissary Agency’s digital coupon redemption system allows commissary patrons to access and clip coupons and store them on their card to be scanned at the...
 
 

Air Force Band performs holiday flash mob

CHANTILLY, Va. — ‘Tis the season where friends and family come together over a bountiful spread of food and drink — the time of year where gifts are exchanged and memories and traditions are made. But it is also the time of year when the U.S. Air Force Band surprises the world with another musical...
 

 

Identifying, Refining, and Strengthening

The 355th Fighter Wing practiced their ability to survive and operate under simulated conventional, chemical and biological conditions during an operational readiness exercise, Dec. 9-12. “The objective is to identify weaknesses, refine processes, strengthen decision making and force the Airmen to think outside of the box,” said Lt. Col. James Roy, 355th FW Inspector General....
 
 

SrA and below EPR static closeout date to be March 31

JOINT BASE SAN ANTONIO-RANDOLPH, Texas (AFNS) — Enlisted evaluation and promotion changes, announced in July, continue with establishment of a March 31 enlisted performance report static closeout date (SCOD) for Regular Air Force (RegAF) senior airmen and below, Air Force Personnel Center officials said Dec. 5. Additionally, change of reporting official evaluations (CRO) have been...
 
 

Master sergeant evaluation board, SNCO promotion changes coming

WASHINGTON (AFNS) — The Air Force continues the phased implementation of its Enlisted Evaluation System and Weighted Airman Promotion System (WAPS) changes with the convening of a master sergeant evaluation board scheduled for May 2015. Evaluation and promotion system changes, scheduled for implementation over the next 16 months for active-duty Airmen, are focused on ensuring job perfor...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Directory powered by Business Directory Plugin