Tuesday, 05 January 2010

  • Military Money: Where Does it Go?



    I've known a few people in the military. My ex-boyfriend (we'll call him T.) was in the army for 7 years, serving time in both Iraq and Afghanistan and one of my current best guy friends (we'll call him R.) is in the Marines, about to be sent to Japan.

    When people join the military, they join for whatever reason—to get money for school, because they've got nothing better going, or because they just feel called to it. T. joined because he was 17 and just wanted to get away and, as I stated earlier, spent 7 years in the service. Now I'm definitely no expert on the subject, but he made it sound like when he got out of the military finally, he had a decent sum of money handed to him.

    I tried to do a little research on how much military people make on average a year, and it's equal to if not more than most people make at a normal full-time job. (Feel free to correct me if I'm wrong.) Not to mention 7 years of that adding up... that's a lot of money.

    And so far, this theory is somewhat attested to by my friend R., who just finished a year and a half of Marine training (or however long it is plus time on base before being deployed). Since he's joined the Marines, whenever he comes back and hangs out with me or our mutual friends (who are usually girls, I should point out), he'll pay for the whole meal like it's nothing. And my friend Jackie and I teased R. about being rich now, so he should buy us nice Christmas presents, and he did—he got, for example, Jackie a $50 iTunes gift card. That may not sound like much, but we're 20. We've only been close friends since senior year of high school. It's kind of a lot to us.

    As far as I've heard, military people should be kind of rich. They get paid basically every minute they're alive and signed to service, right?

    So... why are so many veterans poor?

    If you think about it, ex-military people are never really exemplified as being well-off. Maybe it's just the only way I've seen it in my life, but ex-military people tend to have lower-end jobs, usually have rocky families, and are struggling to get by. T., less than two years out of the military and after 7 years of service, had to get a job in crappy retail in order to pay the bills. One of my mom's coworkers, J., who spent several years in the army and did at least one tour to Iraq is barely making it by. Many hobos are veterans. What's the deal?

    My only guess is that once the military people are out of the service and done with their contracts, they sort of let loose. Since they regain all the freedoms they lost, they maybe go a little crazy. T. always had problems with denying himself anything he wanted (particularly good food and the presence of women—our relationship didn't last very long), mainly because he had faced so many times where he had to go without.

    Please share with me... I'm only speculating from what I've heard, but I'd really love to know what the whole deal is here.

    Are military personnel being paid less than what is commonly rumored? Or do they simply go a little crazy with the money after they are free of the service, and if so, is that a psychological issue pertaining to denying themselves or is it not as deviant as I'm perceiving it to be? Or is my whole view of the subject off?

    Let me know! And if you have any other opinions on the issue, feel free to share those too.

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Comments (11)

  • Alatariel40@xanga

    While in the military, single people don't have to worry about paying bills as long as they live on base. My sister wasted all her money by buying all the pretty little things she wanted. My brother sent money home, instead. When my sister got out, she didn't know how to budget for rent, food, and clothing, so was constantly in debt.

    I don't know exact numbers, but I do know that families in the military struggle with the same weight of bills that civilians do. They don't get minimum wage, but they don't get outstanding amounts, either. The jobs that many of them do would command much more in the private sector. I knew a computer expert who doubled his pay by retiring.

    Any current military willing to comment?

  • pnigophobicpk@xanga

    It all depends on your rank.  Privates who go in straight out of high school and leave after a few years may very likely be poor; they're single and can waste pretty much all their money.  My brother-in-law, however, has been in ten years, and he and his family are very comfortable.

    The veterans from Vietnam and Korea were most likely drafted, then came back in a year, and has seen crazy things overseas, then were hated by a lot of people when they came back.  Plus, they didn't really have a job to go back to.  So a few of them are poor, yeah.

    So it all depends on your rank, how long you've been in, and what you're willing to do and how hard you're willing to work. 
     
  • pnigophobicpk@xanga

    By the way, I just asked said brother-in-law all of the questions in the OP

  • lovemyhubby@xanga

    It all depends on your rank/pay grade. I am an Army wife and I have to say, the husband just got promoted and it is a big weight off my shoulders. If you are a lower rank, you struggle. My husband is in Iraq, and I don't think he is getting paid enough for what he is doing. People always tell me that soldiers are rich - I think not. They have all of the same expenses that civilians do. Even when my husband is deployed, he has a car payment, my living expenses, etc to pay for. It is a never ending struggle.

  • jaydedheart@xanga

    I'm sure part of it has to do with the history of empty promises the US military has made to many vet's about what services they would benefit from, education and otherwise, after they finished their time.


    I'm also sure part of it has to do with the mental effects of war. Many soldiers come back dealing with horrors and/or guilt which bring them into depression, and some come back unstable. They may lose their jobs over this, either through their actions caused by these struggles or just as likely due to the perceptions of those who hire them.


    Additionally, it doesn't help that many vets come back missing body parts. It's alot harder to get a job that way. Many homeless vets you may notice are in a wheelchair. I certainly have seen quite a few in the city.


    War cripples, in more ways then one.

  • ThisUserNameIsAvaliable@xanga

    More like which part of the military? the majority in the military are out doing the dirty work and earning money by risking their lives but they aren't learning any skills that will help them find jobs where they aren't risking their lives. The part of the military that does  medical, computer and engineering are learning useful skills that will help them settle in life after they get out of the military, or even stay in the military until they can retire.

  • T0m03@xanga

    Like you said, $50 is a lot to you because you're 20. So back when your 17-year-old friend signed the contract to enlist, he thought he was getting a lot of money, too. They certainly aren't paid hundreds of thousands of dollars (unless they were in it for life). I think very few of them take into account inflation, living expenses, and military supplies that they have to pay up on. Those things can get pretty expensive, especially when one isn't taught how to save, invest, and plan for the future, etc. I think the fact that for whatever they are doing, they get a paycheck hinders their ability to save. After all, whether they're overseas or on leave (vacation), they get paid. So it tells them that regardless of if they work, they're going to get paid. The thing is, when someone retires from the military prematurely (as in, don't stay in for the maximum amount of time to get pension), the benefits stop almost immediately. Sure, they get the GI Bill, but some don't even know what they want to do (which may be the reason why they joined the military in the first place). Some ex-military just go into shock because they've had that military mindset for so long that dealing with the real world may be hard to adjust to. I know when my boyfriend was in the military, he had to buy his own supplies and pay to get his patches on his uniforms. That adds up, especially when you've got other bills such as cell phone (which he can't just stop paying for just because he's overseas for half the year and therefore aren't even using it), car insurance, etc. I think the worst part is how there's no time for anything else between the time you're service is ending and when you are dropped back into the civilian world. The military promises to train you in the skills you need to get into a good career but they don't necessarily put enough effort into those programs.  

  • STUDNET@xanga

    @ThisUserNameIsAvaliable@xanga - I agree with you. I once had a teacher who had an air force nurse who was taking his class while on leave. The teacher was a former army ranger who told the airman he wished he would have taken nursing or computer training. But he was young and wanted to prove he was macho. Though he was part of an elite unit, those skills means nothing in the "real world economy". The nurse, however, can continue to be a nurse after the military for twice the pay backed by a very powerful union. 

  • spentandsickk@xanga

    @ThisUserNameIsAvaliable@xanga - I agree. Many people join the army in hopes of getting paid somehow. When they get out, they forget that they have no skill or degree that would be of any help in the civilian world. Plus, like T0m03 said, if you're not in it for the long haul (20+ years), your benefits are very little once you get out. I know a lot of people who went to college, got a degree, and then joined the military in order to get a higher rank. They get paid extra for having that degree, plus it's something you can fall back on if you get out before you're eligible for pension.

  • anonymous

    well i have been a army wife for 5 years now
    my husband is a E4 specialist
    most of our medical is covered
    they do give us basic housing allowance
    but for where we are stationed the money isnt enough to cover rent without having to live in a crappy tailor park with alot of crime so they give us 850 a month but the cheapest place we could find that allowed us to have a pet is 1200 a month
    GAS GAS GAS we go through 200 a month on gas just for his car for work they have them drive all over the place
    after rent and gas
    that leaves us with 400 a week
    we have allotments for our car which is 360 a month
    insurance 150 a month
    utilities is around 300 a month
    food for us is about 300 a month
    and cable and net is 200 because we have to pay more to special service because we live in the middle of nowhere Kansas
    so after all the bills we have about 75 bucks a week for what ever

    he works from 5 to 5
    has weekends off unless he happens to have 24 hour duty
    some times they go away for weeks for training

    i do not work i cant complain
    i always know my rent will be paid and i will have food in my tummy
    we have enough to live just not enough to save
    though im sure that will change once he starts making rank

    all i can say is what you get with it isnt so much money but job security when state side and health care and alot of resources are at your desposal if you know where to look and how to use them

    but if you really think about what they do and where they have to do it
    they could be paid a little bit more considering they could be killed or become a poa and the trama alot of them come home with
    i know my husband is not the same as he was before he 2 deployments and because of the army we are dealing with alot of issues in our marriage

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