Financial Management Problems Among Enlisted Personnel
RAND CORP SANTA MONICA CA
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This documented briefing describes the financial well being of enlisted military personnel and is based on a presentation given to the Military Summit on Personal Financial Management Conference on December 16, 1997. The study provides evidence of the extent of personal financial problems in the military. The analysis describes how financial problems vary with the demographics of the military and with particular aspects of the military work environment e.g., deployments, frequent relocations. Finally, we examine which types of members are receiving financial assistance and what types of programs they are utilizing. The briefing is part of a broader study of the personal financial well being of military personnel and of military readiness. Further analysis is planned to identify which types of members are having financial problems and whether these problems are amenable to greater financial management training.
- Economics and Cost Analysis
- Military Forces and Organizations