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.


 
 

 

Final Total Force Training Environmental Assessment released

The final Environmental Assessment for Total Force Training, released here today by Air Combat Command, concludes a “Finding of No Significant Impact.” The Air Force will implement the proposed action alternative which places a cap on Total Force Training (formerly Operation Snowbird) flights at Davis-Monthan Air Force Base at 2,326 annual flights.  Officials state that...
 
 

Increased mission requirements open doors for continued service

WASHINGTON (AFNS) — The Air Force is introducing several personnel and manpower initiatives to meet increased mission requirements outlined in the fiscal year 2016 President’s Budget. In order to enhance operational and mission capacity in support of combatant commanders, and to maintain readiness, the Air Force is setting a minimum active-duty force level of 317,000...
 
 

Commissaries support environment year round

FORT LEE, Va.– Green purchasing, food bank donations and recycling highlight a long list of things the Defense Commissary Agency is doing to reach “net zero waste” and other environmental goals. The agency has long focused on the reduction of waste, recycling materials, conservation of resources and becoming more energy-efficient overall, said Randy Eller, deputy...
 

 

AF ROTC detachment command opportunities available

JOINT BASE SAN ANTONIO-RANDOLPH, Texas (AFNS) — Eligible active-duty line of the Air Force lieutenant colonels and lieutenant colonel-selects interested in summer 2016 Reserve Officer Training Corps detachment command opportunities have until May 27 to request consideration for these positions. Command opportunities are expected to open at more than 50 educational institutions, said Sundy...
 
 

AFOQT scores updated as AF implements new test, form

JOINT BASE SAN ANTONIO-RANDOLPH, Texas (AFNS) — Airmen who took Form S of the Air Force Officer Qualifying Test may see their test scores updated on May 22, when the Air Force converts scores to the new Form T metric, officials said May 12. According to Dr. Lisa Hughes, the Air Force Personnel Assessment chief,...
 
 

Civilian Airmen serve their country, deploy with military teammates

WASHINGTON (AFNS) — More than two million public employees protect the nation through service in the armed forces, and more than 183,000 of them are Air Force civilian full-time, part-time, term, temp and nonappropriated fund Airmen. Often working behind the scenes in support of their military teammates, civilian Airmen help provide a stable foundation at...
 




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