Financial Planning within the Military

Financial questions to process as you enlist in the Military...

• What financial benefits are provided within the branch I am enlisting?

  • • When chatting with a recruiter it is important to understand the entire package of what is provided for you/ expected of you. Is housing covered, food expenses, travel, ect...

• Is there financial gains as I grow in rank and experience within the military?

  • • Pay attention to the financial supports CURRENTLY, but also if you continue to work within the military. Understanding long term benefits may assist you in planning for this path!

• What additional benefits are provided (health/ dental/ ect...)?

  • • Earning money or being taken care of financially is wonderful, but benefits should also be considered when thinking through financial packages. A great benefit package can save you lots of money in the long run!

• Does the branch I am enlisting within provide funding for additional schooling or training?

  • • Chat with your recruiting officer about pursuing additional education at the expense of the military. Keep your long career game in mind and find a path to get you what is needed to succeed within that path.

• What is the overall salary of the position(s) I am hoping to achieve?

  • • If you are planning on making the military your career path, make sure you do your homework on long term salaries within the areas you are interested in.