Download

Download eBook for Free

FormatFile SizeNotes
PDF file 2.4 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback78 pages $18.00 $14.40 20% Web Discount

Financial problems are widespread among young enlisted personnel in the U.S. military. This report shows that young military members are more prone to serious problems paying bills than are comparable civilian workers. These money problems diminish the quality of life for members, and the related stress oftentimes degrades job performance. The military services provide an array of financial management classes and counseling, but financial troubles remain a key problem for members and their families. The authors encourage the Defense Department to reevaluate programs to identify effective types of training and counseling.450-character abstract: Financial problems are widespread among young enlisted personnel in the U.S. military. This report shows that young military members are more prone to problems paying bills than their civilian counterparts are. These problems diminish the members' quality of life, and related stress can degrade job performance. The military provides classes and counseling, but money woes remain a problem. The authors encourage the Defense Department to reevaluate programs to identify effective types of training and counseling.

Table of Contents

  • Chapter One

    Introduction

  • Chapter Two

    Data Sources, Programs, and Measures of Financial Problems

  • Chapter Three

    Comparison of Military and Civilian Financial Problems

  • Chapter Four

    Military Environment and Financial Problems

  • Chapter Five

    Summary and Conclusions

The research described in this report was performed under the auspices of RAND's National Security Research Division.

This report is part of the RAND Corporation monograph report series. The monograph/report was a product of the RAND Corporation from 1993 to 2003. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.