Military families often face a number of financial challenges. Frequent moves can weigh heavily on the loved ones of servicemembers, and sometimes lead to debt and unemployment. That is why the Department of Defense says that it’s important for military couples to deal with finances early in the year so they can take stock of their financial situation, according to American Forces Press Service.

Barbara Thompson, the director of the Pentagon’s office of Family Policy/Children and Youth, said there are many resources available to military families to help them ensure their financial stability. For instance, bases usually offer counselors who can help soldiers and their families manage debt or help plan for their children’s futures. They can also help members of the community change their spending habits. 

“When you map your money coming in against your money going out, you are one step closer to paying off debt, building savings and feeling confident about your financial status,” Thompson told the news source.

The financial concerns of the military community have been heightened as of late due to the threat of sequestration looming in the distance. Troops may face changes ranging from lowered retirement and health benefits or even cuts in pay.