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.


 
 

 

April is America’s PrepareAthon month

NELLIS AIR FORCE BASE, Nev. — Everyone plays an important role in bolstering our preparedness for hazards of all types. The Federal Emergency Management Agency has launched the “America’s PrepareAthon” campaign to build and sustain national preparedness. Thousands of individuals, organizations, schools, and local governments across the nation are actively participating in America’s Pr...
 
 

Who has heard of Special Victims’ Counsel?

NELLIS AIR FORCE BASE, Nev. — When I first briefed the Special Victims’ Counsel Program at Right Start and First Term Airman Center briefings here, audience participation was slim to none. It appeared as though the group I briefed was not interested in learning more about our program or that they didn’t know anything about...
 
 

Ten seconds later, that picture still exists

RAMSTEIN AIR BASE, Germany — There is a conversation many teenagers have had with their parents or friends, me included. “Hey, don’t worry! It’ll be fine; all of the pictures I send disappear after 10 seconds. That’s how Snapchat works.” While many teenagers only share their silly, cross-eyed, quadruple-chinned faces with friends, there are a...
 

 

Becoming stronger through failure

ELLSWORTH AIR FORCE BASE, S.D. — Failing the Air Force physical training test was my greatest fear since joining the military. It is embarrassing to admit recently that fear came to fruition, but what I have learned through that failure has become one of my greatest strengths. After failing, I definitely felt like a weak...
 
 

Sexual assault survivor: ‘You are not alone’

RAMSTEIN AIR BASE, Germany — I remember the day like it was yesterday. My heartbeat echoed in my head as I attempted to dry my sweaty hands on my jeans. I was 21 years old, sitting in a Korean court room, waiting to be questioned by prosecutors. How I ended up there was unreal. Just...
 
 

Everyone has a story to tell

TYNDALL AIR FORCE BASE, Fla. —  We tend to believe that just because we haven’t won a Nobel Prize or survived a horrific event that our stories are not worth telling.  This notion is false; your story is worth telling. We often get caught up on other peoples’ stories, whether it is that of a famous...
 




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