3 Financial Steps as You March Off to Boot Camp

Congratulations on taking the first step toward a rewarding career in the military!  As you prepare for boot camp, it’s important to get your finances in order.

Here are three points to help you manage your money:

1. Understand Your Military Pay and Benefits

When you join the military, you’ll start receiving a regular paycheck. It’s crucial to understand what pay and benefits you’re entitled to receive.  Visit our New to the Military page, you’ll find helpful information about pay and entitlements.

2. Create a Budget and Stick to It

Budgeting is essential for managing your finances, especially when you’re starting out. Get a head start on your budget and use our Budget Builder to plan your paychecks.

3. Choose the Right Financial Institution

The military lifestyle can be challenging if you’re not properly equipped. Deployments, temporary assignments, travel, and frequent moves can add stress mentally, not to mention financially.  Choose a bank or credit union that fits your new lifestyle.  Find one that offers convenient services like, online or mobile banking, easy access to your money, great rates, and little or no fees.

Final Thoughts

Joining the military is a significant step in your life and managing your money is an important part of your journey. By understanding your pay and benefits, creating a budget, and choosing a financial institution that’s military-friendly, you’ll set yourself up for financial success. Remember, the financial habits you develop now will serve you well throughout your military career and beyond.

Best of luck in your boot camp and your future endeavors!

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