Commentary

May 31, 2013

Beware financial consequences: manage your money wisely

calculator-money
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 bills, [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.

You can also call the AFRC at (702) 652-3327 to sign-up for financial counseling, budgeting assistance and resiliency seminars.

 




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


 
 

 

First enlisted Airmen awarded Weapons School graduate patches

NELLIS AIR FORCE BASE, Nev. — History was made June 27, when five graduates of the U.S. Air Force Weapons School’s Joint Terminal Attack Controller Weapons Instructor Course became the first enlisted Airmen in the school’s 66-year mission to be awarded the Weapons School’s graduate patch. These graduates will now be recognized as subject matter...
 
 

Staying safe during flash flood season

NELLIS AIR FORCE BASE, Nev. — July is here with high temperatures and a high chance of flash flooding. The months with the highest probability for thunderstorms are July through September. Las Vegas’ annual rainfall is approximately 4.13 inches, and while this may not seem like a lot of rain, the elevation of Las Vegas...
 
 

Conquer fear, live your dream

VANCE AIR FORCE BASE, Okla. — Are you living the dream? Do you wake up with energy each morning or do you need an energy drink to get you going? If you constantly hit the snooze button on your alarm, wake with no energy and low self-esteem, need lots of coffee, soda or energy drinks...
 

 
U.S. Air Force photo by Senior Airman Joshua Kleinholz

Weapons School honors newest graduates

U.S. Air Force photo by Senior Airman Joshua Kleinholz Gen. Lori Robinson, Pacific Air Forces commander, delivers the keynote speech during the U.S. Air Force Weapons School Class 15-A graduation ceremony in Las Vegas, Nev., Ju...
 
 
U.S. Air Force photo illustration by Tech. Sgt. Nadine Y. Barclay

Hunters save lives through RPA Human Performance Team

U.S. Air Force photo illustration by Tech. Sgt. Nadine Y. Barclay Considering the demands facing the remotely piloted aircraft enterprise, Team Creech has formed their own human performance team to meet the needs of those suppo...
 
 
Courtesy photo

Employment Assistance Program aids military members’ transition

Courtesy photo Members of the Nellis community attend a job fair as part of the Airman and Family Readiness Center’s Employment Assistance Program at Nellis Air Force Base, Nev., April 23. The Employment Assistance Program he...
 




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=""> <s> <strike> <strong>