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.


 
 

 
Courtesy photograph

Nellis Airman garners 2013 Sijan Award

Courtesy photograph Senior Master Sgt. David DeLoney, 820th RED HORSE readiness and emergency management superintendent, poses for a photo at an undisclosed location. DeLoney earned the 2013 U.S. Air Force Lance P. Sijan Leader...
 
 

April is Child Abuse Prevention Month

NELLIS AIR FORCE BASE, Nev. — Why do I care? I worked for years in Florida in Child Protective Services. I obtained my Master of Social Work in 1996, and I have been a licensed clinical social worker since 2001. I saw children with marks and bruises after they had been beaten with objects. I saw...
 
 

Navy leadership visits Las Vegas Navy Reserves

NELLIS AIR FORCE BASE, Nev. — The Las Vegas Navy Operational Support Center was honored to have Rear Adm. Bryan P. Cutchen, commander of the U.S. Naval Reserve Forces Command, as its special guest speaker during a recently conducted drill weekend. The distinguished guest was a beacon of inspiration for the 250 plus Navy reservists who...
 

 

Pulse on AF force management

WASHINGTON — New eligibility criteria, application deadlines and status updates are all featured in this force management update, an ongoing effort to bring Airmen the latest, most accurate information concerning the complex and dynamic force management programs. Additional TERA, VSP windows The Air Force will open two new fiscal year 2014 temporary early retirement authority...
 
 

AF opens additional TERA, VSP windows

JOINT BASE SAN ANTONIO-RANDOLPH, Texas — The Air Force will open two new fiscal year 2014 force management temporary early retirement authority application windows, and a new voluntary separation pay application window, Air Force Personnel Center officials said April 14. Commonly referred to as the 15-year retirement, TERA eligibility will be based on the updated...
 
 
U.S. Air Force photo by Airman 1st Class Timothy Young

Military children receive support during hardships

U.S. Air Force photo by Airman 1st Class Timothy Young Tech. Sgt. Mike Hodges, 99th Medical Operations Squadron respiratory therapy technician, holds a horse while Anders Steinhiser, Lomie G. Heard Elementary School 1st grade s...
 




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