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.


 
 

 
U.S. Air Force photo by Senior Airman Timothy Young

926th Wing activated at Nellis, Creech

U.S. Air Force photo by Senior Airman Timothy Young Col. Ross Anderson, 926th Wing commander, speaks to the crowd as Maj. Mckay Kingry, 926th WG inspector general, watches during the wing’s activation ceremony Dec. 5 at Nelli...
 
 
U.S. Air Force photo by Airman 1st Class Alexander Guerrero

82nd Airborne integrates with USAFWS for JFE 14B

U.S. Air Force photo by Airman 1st Class Alexander Guerrero Eleven C-130H Hercules’ from various Air National Guard units and 13 C-130J Super Hercules’ from the 317th Airlift Group at Dyess Air Force Base, Texas, prepare to...
 
 

‘Tis the season to drink responsibly

KEESLER AIR FORCE BASE, Miss. — It’s that time of year when holiday parties and late night celebrations begin to fill our calendars and we look forward to spending time with family and friends to celebrate our own special reasons for the season. Every Christmas Eve, I celebrate my life and I give thanks for...
 

 

Asking for help is sign of strength not weakness

KEESLER AIR FORCE BASE, Miss. — Growing up I was a big fan of Muhammad Ali. He was the world heavyweight boxing champion and unashamedly referred to himself as “The Greatest.” I vividly remember a reporter asking Ali, “When did you know that you were ‘The Greatest?’” Before Ali could answer, the reporter offered, “Perhaps...
 
 
nellis-turkey

Nellis, Creech Airmen celebrate Thanksgiving, family

U.S. Air Force photo by Tech. Sgt. Nadine Barclay Col. James Cluff, 432nd Wing/432nd Air Expeditionary Wing commander, serves food during a Thanksgiving celebration at Creech Air Force Base, Nev., Nov. 18. The wing hosted the e...
 
 

Nellis holiday celebration lights up night sky

U.S. Air Force photo by Airman 1st Class Mikaley Towle Col. Richard Boutwell, 99th Air Base Wing commander, pulls the switch to light up the Christmas tree and menorah during the lighting ceremony at the chapel parking lot at Nellis Air Force Base, Nev., Dec. 4. Approximately 100 people came out to witness of the...
 




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