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.


 
 

 
square

Luke Lightning strikes at Nellis

U.S. Air Force photo by Senior Airman Thomas Spangler An F-35A Lightning II assigned to the 61st Fighter Squadron, Luke Air Force Base, Ariz., taxis to the runway for a training exercise at Nellis AFB, Nev., April 15. Maintaine...
 
 

CSAF discusses Air Force’s need to reset

WASHINGTON — The Air Force Association hosted its monthly Air Force breakfast with Air Force Chief of Staff Gen. Mark A. Welsh III in Arlington, Virginia April 2. During his speech, Welsh addressed many topics and issues in today’s Air Force, including hitting the “reset button.” “For the last couple of years what we have...
 
 

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...
 
 

‘Eye’ see you

U.S. Air Force photo by Airman 1st Class Mikaley Towle Lisa Winkelman, 99th Aerospace Medicine Squadron optometry technician, simulates taking a vision test at the Optometry Clinic on Nellis Air Force Base, Nev., April 15. Getting an eye exam is important to ensure eye vision and pressure is good and in the normal range. For...
 
 

Nellis AFB goes green for Earth Day

NELLIS AIR FORCE BASE, Nev. — The first Earth Day occurred April 22, 1970, and was introduced by U.S. Senator Gaylord Nelson of Wisconsin. More than 20 million people and thousands of local schools and communities participated in the first Earth Day in the U.S. Across the Air Force today, installations are taking aggressive strides...
 




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