Joining the military is a world-opening experience.
But new recruits often face some big money challenges that can damage their finances for years to come.
Living outside their budget is probably the biggest mistake made.
To fix that, new recruits can live in affordable base housing and differentiate between things they want and things they need.
Spending too much money on too much car is another rookie mistake.
Rather than go into debt for a flashy ride, recruits should aim for a used car.
Another one of the more common mistakes is loading up credit cards with big purchases.
Remember, credit cards are not an income supplement.
Maxing them out will come back to haunt you sooner rather than later.
If a new recruit is looking for financial help, they can turn to an NCO.
They’ve been through it all, and they’re there to help.