Military family financial readiness report

Abstract: Military families face unique financial challenges due to the nature of their service, including frequent relocations, deployment, and potential changes in income. Understanding their attitudes toward financial readiness is crucial for providing tailored support and services. This white paper delves into the attitudes and challenges surrounding financial readiness within military families. Based on comprehensive survey data, it examines the prevalent financial products, the importance of homeownership, challenges faced with current financial products or services, confidence levels post-military service, preferred resources for financial insight, and the impact of military experience on financial habits. The paper concludes with a focus on the values of financial stability and security within the military community.

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