As a member of the military community, either currently serving or a veteran, your finances are an integral aspect of your life and if not appropriately considered may directly or indirectly effect other areas of your life. Poor financial management can lead to debt, which can in turn effect family relationships, employment and potentially mental health issues.
If you are entering or are in transition your finances are a critical consideration that requires a reasonable level of understanding to ensure that you can transition effectively.
Having an understanding of your finances, such as monthly budget planning as well as long term planning will in part ensure that you are prepared for any unplanned eventuality.
Your Administrative staff will advise you on your entitlements and allowances, but it is your responsibility to manage your own finances. Below some of the more common areas that do or can affect the military community are explained and where appropriate links to further information are provided.